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Browse U.S. Department of Energy articles

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 from the federal government this year, the electric-car maker's finances would be „gasping for air as 2012 winds down”. The report's author, John Shinal, believes Tesla Motors, valued at $4 billion, ...
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