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Tesla will repay U.S. Energy Department loans five years early


Tesla Motors has announced it will repay the loans to the U.S. Energy Department five years ahead of schedule in a plan approved by the government. Tesla Motors received $465 million in loans to develop and build electric cars. According to the carmaker's annual report, the U.S. Energy Department has approved amended terms of the loan agreements that enable it to ...
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Tesla Motors CEO says NY Times’ story cost the company up to $100 million
Tesla Motors' CEO Elon Musk said the New York Times story about the Model S sedan failing to achieve its estimated driving range affected the company's stock-market value by as ...
Tesla reportedly needing more loans to survive in 2013
Tesla Motors will be in a very difficult situation next year without loans from the U.S. Department of Energy, MarketWatch reports. Without the hundreds of millions of dollars received by Tesla ...
Tesla Under ICE Investigation for Using Foreign Parts Instead of US Made Ones
The Immigration and Customs Enforcement has been investigating Tesla Motors fir nearly a year regarding its spending of the federal loan. In 2010 the Department of Energy offered Tesla a $465 ...
Tesla Motors was cash flow positive last week, CEO says
Tesla Motors was cash flow positive last week, the EV maker's CEO Elon Musk announced yesterday in a posting on Twitter. “Am happy to report that Tesla was narrowly cash flow ...
Tesla Reports Increased Loss
Today, November 5th, Tesla reported a bigger third-quarter loss as it increased production for the Model S sedan. The company announced that it has increased weekly production of the Model S ...
NADA to meet with Tesla to discuss retail store plans
The National Automobile Dealers Association (NADA), which represents almost 16,000 new-vehicle dealers, said it's planning to meet with electric-car maker Tesla Motors about its retail network plans. "NADA has serious concerns ...
SpaceX Sends Rocket to Supply Space Station
Elon Musk’s Space X launched Sunday night the Falcon 9 rocket, the first of 12 station supply missions requested in the mega-contract with NASA. The Falcon 9 rocket carries the Dragon ...
Tesla Makes Advance Payment for the US Loan
Tesla Motors CEO Alan Musk said he will make the first advance payment of the US Energy Department loans offered to develop and manufacture the Model S sedan. In June 2009, ...
Tesla Motors asked to speed up government loan repayment
The U.S. Energy Department has asked Tesla Motors to speed up the repayment of its $465 million loan granted in May 2010 for developing electric cars. The California-based company, led by ...

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