Tesla Motors’ Specious Rise
DOE Loan Guarantee, elon musk, Fisker, Model S
By Institute for Energy Research —— Bio and Archives--May 28, 2013
Global Warming-Energy-Environment | Comments | Back To Full Article
On May 22, 2013, Tesla Motors announced that it had paid back its $465 million loan to the Department of Energy, nine years before its full loan was due.[ i ] Tesla was awarded the loan, requiring matching private capital obtained through public offerings, in 2010 as part of the Advanced Technology Vehicle Manufacturing program.
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