AI & Machine Learning

Tesla made over $500 million selling to xAI and SpaceX last year

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Tesla reported earning over $573 million from selling cars and battery systems to SpaceX and xAI in 2023, highlighting the significant financial interdependence within Elon Musk's corporate ecosystem. This disclosure raises concerns among investors about potential conflicts of interest and resource diversion between publicly traded and private companies.

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Tesla made over $500 million selling to xAI and SpaceX last year

Related Articles

[AINews] The Unreasonable Effectiveness of Closing the Loop

How IKEA got closer to its shoppers with new small-format stores, Best Buy partnership

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