← Back to: "Tesla Repays DOE Loan Nine Years Early"
"Electric vehicle automaker Tesla Motors announced that it has paid off the entire loan awarded by the Department of Energy (DOE) in 2010. By wiring the final $451.8 million yesterday, Tesla has repaid its whole debt, including interest, nine years early. The payment was possible after the company raised more than one million dollars in last week’s stock sale. Following Tesla’s first ever profit in first quarter 2013, the California-based EV manufacturer’s stock climbed as h..." Continue Reading →
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