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

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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.

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

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

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

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

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

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

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

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

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

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

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