Video: Elon Musk Discusses DoE Loan Repayment; Says a Weight Has Been Lifted Off Tesla


Tesla Motors has been grabbing headlines left and right these past few months.

Who's The Loser?

Who’s The Loser?

There was that profitability statement that sort shocked the naysayers out there.

Then, most recently, Tesla told the world that it had done what some thought to be impossible: paid off its loan to the US government.

Tesla wasn’t scheduled to pay back that loan in full until 2022, but it did so on Wednesday, nine years ahead of schedule.

Tesla’s current string of successes seems to have automakers worried.  Remember Audi’s now-deleted press release that bashed the electric automaker?

Now that Tesla is out from under government control, so to say, Elon Musk says a weight has been lifted off the automaker.

Without government debt, Musk says those naysayers out there now should have nothing negative left to say.

Source: Bloomberg


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4 responses to "Video: Elon Musk Discusses DoE Loan Repayment; Says a Weight Has Been Lifted Off Tesla"
  1. Schmeltz says:

    I don’t normally get “political” but watching this video, it seems the interviewer at Bloomberg was practically begging Elon to bash Romney for his campaign comments. I was glad to see Elon didn’t strike back at Romney. He took the high road even when baited. Nicely done.

    1. Open-Mind says:

      I suspect Musk realizes that the right’s bashing of EV tech is as pointless as the left’s bashing of Hummer, GM (pre-bailout), and the oil industry. He’s not going to be yet another pawn in their political power-game.

      1. evnow says:

        LOL. Talk about projecting.

        1. Open-Mind says:

          You apparently disagree. So why do you think he took the high road, despite her extensive goading?

          She clearly wanted him to criticize Romney and also the keystone pipeline project. He dodged both her setups. Why?

          My theory … any pointless political bashing will only serve to alienate and irritate half his customer base.