Ricardo Reyes, Tesla’s vice president of communications, called us this morning to clarify that the company is considering another loan, and been working through the pre-application process. But Tesla hasn’t made a decision on it or submitted a formal application to the US Department of Energy, which administers the loan program.
“Tesla has no completed loan applications pending before the DOE,” he said.
The program that has awarded loans to Tesla, Fisker Automotive and a handful of other car companies is separate from the one that gave $528 million to Fremont’s Solyndra, which declared bankruptcy earlier this month.
http://blog.sfgate.com/energy/2011/09/28/tesla-fed-loan-update/
Regardless.
A pox on all of them and a moratorium on all these types of loans, regardless of which “program” they are under.
didn’t TESLA get about a million dollars per car they ever made from the Stimulus?? THAT wasn’t enough??
20th Century Motors becoming reality??