2013 Proxy Statement

[PureAmps]

The 2013 Proxy Statement is now available online:

http://www.sec.gov/Archives/edgar/data/1318605/000119312513158904/d506419ddef14a.htm

Haven't read it yet, but they often contain interesting tidbits of information.

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From the proxy:

We also engage SolarCity from time to time to install our Superchargers and related equipment, including solar panels provided by SolarCity for use as part of the Superchargers. SolarCity has invoiced Tesla approximately $910,000 for such installation services and equipment provided by SolarCity during 2012.

In September 2012, we entered into a professional services agreement with SolarCity (the “Services Agreement”) whereby we agreed to refer to SolarCity our customers who have indicated their intent to consult with SolarCity for the installation of in-home electric vehicle supply equipment for use with Tesla vehicles. Under this agreement, SolarCity agreed to pay us referral fees in respect of each customer who purchases from SolarCity solar photovoltaic equipment or energy efficiency upgrade services. During the 2012 fiscal year, an aggregate $2,900 became payable to us by SolarCity for such referral fees. The Services Agreement does not provide for any payment obligations by Tesla.

In April 2013, we entered into a supply agreement with SolarCity under which we will supply SolarCity with various sizes of stationary batteries for integration with solar panels by SolarCity to create stationary power sources for sale or lease to residential and commercial customers. We will be paid by SolarCity for any stationary batteries we supply to SolarCity pursuant to this supply agreement.

 

[vfx]

Still curious why they have not covered the factory with PV.

 

[gg_got_a_tesla]

Still curious why they have not covered the factory with PV.

Didn't they setup a lot of skylights in the ceiling to let a lot of natural light in?! PV panels may not be feasible for that reason.

 

[Doug_G]

It's also possible that the roof wasn't designed to hold the extra weight.

 

[blakegallagher]

At one point (maybe in the Norway talk) he mentioned that the reason the solar panels were not installed to offset the charger stations is because Tesla did not have the credit for it.

That could be the reason why there are not panels on the factory roof. I think we will find out soon if thats the case. Their credit score will go up when they post the numbers in the black


edit: Thanks for link to report ... very nice tidbits

 

[Cattledog]

gg - 3%-4% of roof area is what you typically need to provide good daylighting if you have the right diffusing material in the skylight and reflecting material on the ceiling/walls, so that still leaves a lot of roof! Weight might be a factor, though I suspect it would be typical for the roof structure of 20+ years ago to be upsized to hold the dynamic loads of cranes, etc in certain areas. Not sure if Tesla has much, if any, interior roof loads (haven't toured factory). From video it looks like all the robotics and product movement is based off the floor structure.

All this is OT to proxy statement, just gap-filling.