# Tesla generated $573 million in revenue last year, selling cars and battery systems to SpaceX and xAI.

*business · news · 2026-05-01 · Business Insider*

## Key points

- Tesla generated $573 million in 2023 from sales to SpaceX and xAI, newly disclosed in filings.
- Tesla made $430 million from selling Megapack battery products to xAI alone last year.
- Tesla did not previously disclose the $143 million in vehicle sales to SpaceX in January filings.
- Tesla invested $2 billion in SpaceX and xAI, and paid both for commercial and consulting services.
- SpaceX acquired xAI in early 2024, further consolidating Musk's companies' operations.

**Companies:** Tesla, SpaceX, xAI

[Read the full story on Business Insider](https://www.businessinsider.com/tesla-made-over-500-million-selling-xai-spacex-elon-musk-2026-5)

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