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Tesla Motors repays $465 Million Loan 9 Years Early

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It's nice to see this happen! Building a car company from scratch is extremely difficult and insanely expensive when you don't have a pre-existing base to build upon. Nice to see this happening and I hope they keep being successful as the market for this type of car grows!

Here's the dailytech article: http://www.dailytech.com/Tesla+Repays+465+Million+DOE+Loan+9+Years+Early/article31613.htm

And a time.com version: http://business.time.com/2013/05/23/loser-no-more-tesla-repays-465-million-u-s-loan/

 

Also, I love to see this happening! It's not just about making great products but fully supporting them after sale! What are your thoughts?

 

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this is awesome. tesla motors has some pretty cool designs, and i'm glad to see electric cars that have higher than 100 mile capacity.

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This is pretty nice! Guess they are making lots of profit and decided to pay back the loan to not stall it. 

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