• Aurenkin@sh.itjust.works
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    15 days ago

    They didn’t give it they lent it, along with billions of dollars to other automakers:

    The Obama Administration will lend Tesla Motors $465 million to build an electric sedan and the battery packs needed to propel it

    Energy Secretary Steven Chu announced that the Department of Energy is also lending $5.9 billion to Ford to retool factories in five states. Nissan will receive $1.6 billion to refurbish a factory in Tennessee to produce electric cars.

    The loan was paid back 9 years early in 2013.

    • Elon_Musk@lemm.eeOP
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      15 days ago

      The loan was paid back 9 years early in 2013.

      Exactly! I am a man of my word and I keep my promises.