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 March 7, 2003 with respect to ATEL Capital Equipment
Fund X, LLC, and dated September 13, 2002 with respect to ATEL Financial
Services LLC, and subsidiary in 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
March 7, 2003
San Francisco, California