Skip to main content

Add new comment

TPpp (not verified)    October 4, 2012 - 9:31AM

In reply to by Bluephrog (not verified)

Tesla received $465 millions(not billions) of LOAN. Not a grant or subsidy. And Tesla had to pay interest on the loan, up to 3.9%.

Moreover Tesla Motors already paid $14.5 millions well ahead of the schedule(payment was done yesterday). Next payment should be done in December.

And Tesla is expected to become cash flow positive next month. They have got more then enough private investments recently to to be not cash restricted.

The content of this field is kept private and will not be shown publicly.
  • Allowed HTML tags: <em> <strong> <cite> <blockquote cite> <ul> <ol'> <code> <li> <i>
  • No HTML tags allowed.
  • Lines and paragraphs break automatically.
This question is for testing whether you are a human visitor and to prevent automated spam submissions.