CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS



We consent to the references to our firm under the caption "Experts" and to the
use of our reports dated October 2, 2002 with respect to ATEL Capital Equipment
Fund X, LLC, and dated September 13, 2002 with respect to ATEL Financial
Services LLC, and subsidiary in Pre-effective Amendment No. 2 to the
Registration Statement (Form S-1 No. 333-100452) and related Prospectus of ATEL
Capital Equipment Fund X, LLC for the registration of 15,000,000 limited
liability company units.


                                                     /s/ERNST & YOUNG LLP


San Francisco, California
January 17, 2003