Tesla repay loans by the U.S. department of energy

Reuters reported on May 22, the electric car maker tesla announced that completed the work of the department of energy's loan repayment.

Tesla said, last week raised $451.8 million from equity issuance. 2010 years ago the company get a $465 million loan from department of energy, at present already all pay interest of along with, the department of energy requirements for nine years in advance. The U.S. department of energy (doe), a spokesman for tesla also notifying me that pay off the loan. Tesla CEO Alan musk said in a statement to thank the department of energy's loan, said: "we hope our as make you proud."

Republicans for the Obama administration to support new energy technology co., LTD has always been a critic attitude, most enterprise current situation, and even have closed. , such as electric cars are looking for buyers, and battery maker A123 systems after the company filed for bankruptcy has been acquired and renamed B456 wanxiang group, China solar photovoltaic panels manufacturers already also declared bankruptcy.

Tesla in new energy technology company become a small number of profitable. Tesla's first profit of $15 million in the first quarter of this year, 83% year-on-year surge in revenues to $562 million; The tesla Model S plug-in electric sedan production more than 5000 vehicles, sales 4900 higher than the original target of 4500 vehicles, and more than the volt and nissan leaf electric cars in North America pioneers in the two Q1 sales, not even lower than the same level of ashkenazi luxury car sales in the United States.