Submission + - Tesla Motors: Early Re-Payment of Tesla's ATVM Loan (teslamotors.com)
fredan writes: On February 26, at an event hosted by Secretary of Energy Steven Chu, Elon Musk announced Tesla will pay off our Department of Energy (DOE) loan five years early, twice as fast as required by the original 2010 loan agreement signed by Tesla and the DOE.
It is worth noting that in comparison with these three other recipients, Tesla had the smallest loan. Ford's loan was for $5.9 billion, Nissan's was for $1.4 billion, and Fisker's was for $529 million.
It is worth noting that in comparison with these three other recipients, Tesla had the smallest loan. Ford's loan was for $5.9 billion, Nissan's was for $1.4 billion, and Fisker's was for $529 million.
