In what could be viewed as a shot in the arm for U.S.-made electric cars, Tesla Motors has repaid a government loan nine years early.
"Today, Tesla Automotive repaid the entire remaining balance on a $465 million loan from the Department of Energy nine years earlier than originally required," the U.S. Department of Energy said in a statement Wednesday.
That clean-energy loan was made in 2010.
And the U.S. energy secretary, Ernest Moniz, seemed to address critics of clean energy loans while trumpeting the success of Tesla.
"When you're talking about cutting-edge … Read more