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Tesla will pay off our Department of Energy (DOE) loan five years early

I can't see it has been posted earlier - and for all to see but good to emphasise in the forum: http://www.teslamotors.com/no_NO/blog/early-repayment-tesla’s-atvm-loan

On February 26, at an event hosted by Secretary of Energy Steven Chu, Elon Musk announced Tesla will pay off our Department of Energy (DOE) loan five years early, twice as fast as required by the original 2010 loan agreement signed by Tesla and the DOE.

That's a positive message indeed!

If you have issues with the link, try it without the localization-part of the URL: http://www.teslamotors.com/blog/early-repayment-tesla’s-atvm-loan

From http://www.bloomberg.com/news/2013-03-08/tesla-plans-to-repay-u-s-loans-...

" Tesla also said in the filing yesterday that sales of so- called Zero-Emission Vehicle credits from its electric cars jumped to $40.5 million last year from $2.7 million in 2011."

It looks like, if they find enough buyers for this year credits, they can pay a big part of the loan by just making the cars.

Good news indeed

Bravo TM!

Good job Tesla!
It's a shame though that a young company which can pull this financial stunt is not able to file it's annual financial report on time.

http://green.autoblog.com/2013/03/08/tesla-delays-annual-financial-repor...

The DoE's premier (and possibly sole) success!

Well Mitt,
About this "loser" Tesla.....


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