NASA astronauts Doug Hurley (left) and Bob Behnken stand in front of the Tesla Model X which will take them to the launchpad for the SpaceX Demo-2 launch.
Tesla recently revealed some ways of filing that the company works with other businesses including CEO Elon Musk’s SpaceX and The Boring Company.
The filing reflects related party transactions involving SpaceX’s $ 2.6 million purchase of Tesla vehicle components, and $ 1.5 million worth of Tesla Energy systems, components and services in 2020. The filing, published late Friday, notes that these prices include labor and some of the parts and systems that were revised.
Cooperation between Musk’s companies is not new.
For example, SpaceX shared two board members with Tesla. Elon Musk sits on the board of the two, as do his brothers Kimble Musk and Antonio Garcia.
SpaceX has made it a tradition for crew launches and other occasions to take astronauts to the launchpad in a version of the “Astrovan,” NASA’s logo-styled Tesla Model X. And Tesla shared some employees with SpaceX, including Charles Kuehmann, who serves as the vice president of materials engineering for both companies.
Transactions between Musk’s businesses have been relatively low so far. But Friday’s filing suggests that SpaceX bought more technology and services from Tesla over time, even as the automaker suffered a chip shortage that hurt the auto industry.
The company’s crew dragon capsule “Resilient” returned to Earth on Sunday, splitting into the Gulf of Mexico after a record-setting SpaceX-NASA mission to the International Space Station.
To carry out its various campaigns, SpaceX only purchased $ 2.1 million worth of car parts, including labor and modifications, for non-vehicle use from Tesla in the first quarter of 2021. This is more than the $ 600,000 SpaceX spent on Tesla car parts during the same period last year.
During Tesla’s first quarter earnings call on April 26, 2021, Musk posted a record quarter for its electric car company. He also capitalized on the complexity of vehicle production and the generally ongoing chip shortage and supply chain bottlenecks, which were plaguing the industry and Tesla.
He said that the effort made for Tesla to achieve high-volume electric vehicle production is involved in overcoming “a logistics problem that makes World War II trivial”. The CEO said that in the first quarter of 2021, “… some of the toughest supply chain challenges we’ve ever experienced in Tesla’s life. Crazy difficulties with the parts supply chain, across the whole range of parts.”
Tesla filings on Friday did not reveal what SpaceX bought or how it would use all systems and parts.
Filing also said that the boring company, where Musk is a co-founder and significant shareholder, is now a small customer of Tesla. The Boring Company purchased “Tesla Energy Systems and Related Services” during 2020 for a total of $ 300,000.
Musk’s tunneling venture developed the Las Vegas Convention Center Loop, which constructs 1.7-mile-long tunnels to take visitors to various exhibition halls. Tesla Model 3 drivers travel through the LVC loop to pick up and drop off passengers who want to book their rides through an app.
The LVCC Loop costs about $ 50 million on Nevada’s taxpayers, and has been criticized for its lack of pedestrian entrances, walkways and platforms, and for its people-moving capacity that is higher than that of a metro.
Tesla’s filing on Friday did not say whether it would sell or sell the vehicle to a boring company to develop such infrastructure.
Here’s a list of the ways Tesla says they worked with it and were paid by Elon Musk’s companies by 2020 and through March of this year, according to Filan:
- SpaceX purchased $ 1.5 million worth of Tesla Energy systems, components and related services in 2020. It spent $ 200,000 on similar purchases during the first quarter of 2021.
- SpaceX purchased $ 2.6 million worth of vehicle components from Tesla, including revisions, labor and support in 2020. Spent $ 2.1 million on similar items from Tesla in the first quarter of 2021.
- SpaceX paid Tesla $ 100,000 for the “engineering support and resources” used in 2020.
- SpaceX ordered a custom tool that Tesla had built at the automaker’s machining facility in 2020 for $ 700,000.
- SpaceX licensed Tesla from 2020 until February 2022 for aggregate fees, amounting to $ 100,000 by the end of that period.
- Tesla paid SpaceX $ 600,000 in 2020 for use of the company’s aircraft. It paid SpaceX $ 100,000 in the first quarter of 2021.
- The Boring Company purchased “Tesla Energy Systems and Related Services” during 2020 for $ 300,000.
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