Is it real that Elon Musk uses the money from Tesla to finance his other endeavours?

It turns out that Elon Musk's Elan is relying on other people—customers and rivals—to finance the enormous capital expenses and infrastructure necessary for his friction-filled firms.

Musk did not sell any shares in the SolarCity IPO because SpaceX is still a private firm.

While Musk made $15 million from Tesla's IPO,

After ten years of business, Tesla Motors Inc. and SolarCity Corp. still post losses.

However, because to their immense potential, both firms' stock prices have surged...

L.A.-based entrepreneur Elon Musk's share in the company alone is estimated to be worth $10 billion.

One Musk company, among many, has racked up billions in grants, contracts, tax exemptions, and subsidies from the state over the years.

Tesla does not require any government subsidies, according to Elon Musk, who has made this clear.

The association founded by EV producers includes Tesla as one of its original members.

approach is encouraged by the Zero-Emissions Transportation Association (ZETA).

Does Tesla Bot Have Potential To Replace The Majority Of Physical Labor? - haymakertavern