It’s a Done Deal: Tesla, DOE Finalize Loan for $465 Million
Jan 23rd, 2010 Originally Posted by Jerry James Stone
Back in June, Tesla Motors announced a $465 million loan from the U.S. Department of Energy. That deal is now official…every tax paying American is now an investor in Tesla.
Tesla CEO Elon Musk said. “We are honored that the US government selected Tesla to be among the first companies to participate in this visionary program. This loan will allow us to further accelerate the production of affordable, fuel-efficient electric vehicles.”