Tesla Pays Off Its $465 Million 'Loser' LoanBy
Elon Musk’s “Summer of Revenge Tour” continues. His electric-car company, Tesla Motors, just cut the government a $451.8 million check, which means that Tesla has paid off its entire Department of Energy loan plus interest. “Following this payment, Tesla will be the only American car company to have fully repaid the government,” the company boasted (emphasis Tesla’s).
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.