Tesla (TSLA) reveals $573M web of transactions between Elon Musks companies

News Source : Electrek

News Summary

Tesla's amended annual filing reveals the full scope of the financial web connecting Elon Musk's companies.
$573 million in revenue from SpaceX and xAI alone, plus millions more in expenses flowing to X, The Boring Company, and Musk's personal security firm.
The 10-K/A filing, submitted to the SEC on April 30, paints the most complete picture yet of how Musk’s corporate empire trades with itself.Tesla shareholders, who voted to approve a $2 billion investment in an AI company, now hold a minority stake in a rocket company instead.

Teslas amended annual filing reveals the full scope of the financial web connecting Elon Musks companies $573 million in revenue from SpaceX and xAI alone, plus millions more in expenses flowing to [+4812 chars]

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