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Sure, but these are the bets for this revenue stream. There are other bets for those revenue streams. Tesla's biggest Capital Expenditures have been in service
by csours 9y ago
Sure, but these are the bets for this revenue stream. There are other bets for those revenue streams.
Tesla's biggest Capital Expenditures have been in service of the Model 3, that's why we're talking about it.
- prostoalex 9y agoI don’t know if they compartmentalize by revenue streams. If residential solar is the cash cow of the day, they will use the free cash to prop the Fremont factory. The cash infusions go further - when SolarCity needed some expansion capital and sold bonds backed by residential customer solar leases, SpaceX (which at the time was flush with cash from a VC round) materialized as a major buyer http://blog.solarcity.com/spacex-invests-90-million-in-solarcity-solar-bonds/ http://blog.solarcity.com/spacex-invests-90-million-in-solar...
- jacquesm 9y agoSolarCity was as far as I know a liability when it was merged with Tesla, not an asset. The only reason the merger happened is because Elon Musk had a big stake in both did not want to see SolarCity go under, it was 3 billion in debt at the time.