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Nissan, Tesla Said to Receive U.S. Energy Department Loans

By Daniel Whitten

June 22 (Bloomberg) -- Nissan Motor Co. and Tesla Motors Inc. will get loans from the U.S. Energy Department to produce fuel-efficient cars, according to people familiar with the plans.

Loans to the automakers and Ford Motor Co. will be announced tomorrow, said the people, who asked not to be identified because the plans are not yet public.

To contact the reporter on this story: Daniel Whitten in Washington at dwhitten2@bloomberg.net

Last Updated: June 22, 2009 18:54 EDT

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