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:
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.