Tesla Revenue Tied to Musk Companies Tops Half a Billion Last Year (TSLA:NASDAQ)
Tesla said it earned $573 million from sales to SpaceX and xAI, while also investing $2 billion in the two Musk companies.
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Tesla made $573 million from selling to xAI and SpaceX last year
One Elon Musk company made over half a billion dollars selling to two other companies in the Musk universe. Loading audio narration… Tesla generated $573 million in revenue last year from selling cars and battery systems to SpaceX and xAI, according to a regulatory filing uploaded on Thursday. Tesla said it made about $430 million last year by selling Megapack products — a lithium-ion battery system — to xAI, Musk’s artificial intelligence comp…
Tesla made over $500 million selling to xAI and SpaceX last year
Tesla made over half a billion dollars supplying products to other Elon Musk companies.Visual China Group via Getty Images/Visual China Group via Getty ImagesTesla earned $573M by selling cars and batteries to SpaceX and xAI last year.Tesla also bought services from xAI and SpaceX, it disclosed.Musk's firms have often blurred lines, sparking investor concerns about conflicts of interest.One Elon Musk company made over half a billion dollars sell…
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