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Saturday, October 5, 2013

Taxpayer Subsidies Helped Tesla Motors, So Why Does Elon Musk Slam Them? | Mother Jones

Taxpayer Subsidies Helped Tesla Motors, So Why Does Elon Musk Slam Them? | Mother Jones:


 " In May, the company announced that it had repaid, nine years early, a $465 million loan it had received from the Department of Energy.

Tesla posted its first quarterly profit the same month, and by mid-July the share price of the decade-old Palo Alto-based carmaker had more than doubled. "