Home / Business / Here’s how Tesla works with SpaceX and The Boring Company in 2020.

Here’s how Tesla works with SpaceX and The Boring Company in 2020.



NASA astronaut Doug Hurley (left) and Bob Behnken stand in front of the Tesla Model X, which takes them to the Launchpad for the SpaceX Demo-2 launch.

NASA

Tesla revealed in a recent filing about how the company works with CEO Elon Musk’s other businesses, including SpaceX and The Boring Company.

The filing lists related parties, including SpaceX buying $ 2.6 million of Tesla car components and $ 1

.5 million of Tesla Energy’s systems, components and services in 2020, documents released late Friday indicate those prices. This includes wages and some. Modifications of parts and systems

Musk’s inter-company collaboration is nothing new.

For example, SpaceX shares two board members with Tesla Elon Musk sitting on the couple’s board, as did his brother Kimbal Musk and Antonio Gracias.

SpaceX also made it customary to drive astronauts to the Launchpad in the company’s version of “astrovan”, a Tesla Model X with NASA logo for team launches and other occasions, and Tesla shares some of its employees with. SpaceX includes Charles Kuehmann, who is vice president of materials engineering for both companies.

There are few transactions between Musk’s businesses. But Friday’s filing showed that SpaceX was buying more technology and services from Tesla over time, even as the automaker struggled with a chip shortage affecting the auto industry.

Resilience’s Crew Dragon capsule returned to Earth on Sunday, splashing it into the Gulf of Mexico after the record-breaking SpaceX-NASA mission to the International Space Station.

To accomplish its missions, SpaceX purchased $ 2.1 million in auto parts, including labor and modifications, for non-vehicle use from Tesla in the first quarter of 2021 alone. That’s more than three times the $ 600,000 SpaceX spent on Tesla auto parts in the same period last year.

During a call for Tesla’s first-quarter earnings on April 26, 2021, Musk convinced his electric car company to hit a record high. He also lamented the intricacies of making cars in general, and the ongoing chip shortage and supply chain constraints plaguing the industry and Tesla.

He said the efforts Tesla spent on mass-producing electric vehicles included a win-win. “The logistics issues that make World War II seem trivial,” the CEO added, adding that in the first quarter of 2021 there was “… some of the toughest supply chain challenges we have ever encountered.” Come on Tesla’s life great difficulties with the supply chain with parts in different parts. ”

Tesla’s filing on Friday did not say what SpaceX was buying or how it would use all of its systems and parts.

The document also said that The Boring Company, which Musk was a co-founder and major shareholder, is now a retail customer of Tesla as well. The Boring Company bought “Tesla energy systems and related services” for 300,000. Dollar during 2020

Musk’s tunneling venture has developed the Las Vegas Convention Center Loop, a 1.7-mile tunnel to take visitors to the halls of exhibits.Tesla Model 3 drivers travel through the LVCC loop to pick up and drop off passengers who have to book their vehicles. Through the app

The LVCC loop cost Nevada taxpayers about $ 50 million and has been criticized for the lack of footpaths, walkways and platforms and the increased mobility of people compared to subways.

Tesla’s filing on Friday did not say whether it would sell or sell the car to The Boring Company for the development of that infrastructure.

Here’s a list of ways that Tesla said it worked and received money from Elon Musk’s company through 2020 and through March this year, according to the filings:

SpaceX

  • SpaceX bought Tesla Energy’s systems, components and related services for $ 1.5 million in 2020, spending $ 200,000 on a similar purchase in the first quarter of 2021.
  • SpaceX bought $ 2.6 million in auto components from Tesla, as well as labor modifications and support in 2020, spending $ 2.1 million in the same product from Tesla in the first quarter of 2021.
  • SpaceX paid Tesla $ 100,000 for “Engineering support and resources” used in 2020
  • SpaceX ordered a custom engine that Tesla built at the automaker’s mechanical plant for $ 700,000 in 2020.
  • The software was licensed by Tesla’s SpaceX from 2020 through February 2022 for an expected total fee of $ 100,000 by the end of that period.

Tesla

  • Tesla paid SpaceX $ 600,000 in 2020 to use the company’s planes, paying SpaceX $ 100,000 in the first quarter of 2021.

Boring company

  • The Boring Company Purchased “Tesla Energy Systems and Related Services” for $ 300,000 in 2020

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