Tesla Motors fully repays $465 million federal loan nine years early

In a boost for the Obama Administration and controversial federal clean-tech programs, electric vehicle maker Tesla Motors (TSLA) announced it paid back its $465 million government loan nine years early. The U.S. Department of Energy oversees $34 billion in taxpayer-funded loans for 33 clean energy projects, and Tesla is the first American car company to pay back its loan. The DOE loans came under fierce criticism from Congressional Republicans in the wake of the high-profile 2011 bankruptcy...
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