Monday, July 20, 2009

OnElectricCars: Tesla Motors to Receive $465 Million Loan from the Government

From: OnCars.com
DoE giving boost to start-up electric car company
Posted 25 Jun 2009 10:25AM by Bill King
Tesla Motors will receive one of the first loans from the U.S. Department of Energy’s $25 billion automakers’ assistance program. The Silicon Valley electric car builder will use the funds to complete development of its Model S sedan and electric [...]