Sunday, January 24, 2010

Gas 2.0

Gas 2.0

It’s a Done Deal: Tesla, DOE Finalize Loan for $465 Million

Posted: 23 Jan 2010 05:57 PM PST

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.”

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