Author Topic: Tesla Motors fully repays $465 million federal loan nine years early  (Read 6776 times)

blacken700

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i believe some on here were shitting on them  ;D

Source: San Jose Mercury News

In a huge boost for the Obama Administration and clean-energy firms, electric vehicle maker Tesla Motors (TSLA) announced Wednesday that it has paid back its $465 million government loan in full and nine years early.
 
The Department of Energy oversees $34 billion in taxpayer-funded loans for clean energy and other projects, but Tesla is the only United States car company in the vast portfolio of 33 projects to pay back its loan so far. The loan program faced fierce partisan fire in the wake of the high-profile 2011 bankruptcy of Fremont solar manufacturer Solyndra, and Republican presidential candidate Mitt Romney called Tesla a "loser" in a presidential debate last fall.
 
"Tesla employs more than 3,000 American workers and is living proof of the power of American innovation," U.S. Energy Secretary Ernest Moniz said in a statement. "This is another important contribution to what the Obama Administration has done to preserve and promote America's auto industry. This announcement is also good news for the future of America's growing electric vehicle industry. While the market has taken longer than predicted to get going, sales of electric vehicles in the U.S. tripled last year and are continuing to increase rapidly in 2013. Tesla and other U.S. manufacturers are in a strong position to compete for this growing global market."
 
... Analysts said the move frees Tesla from the partisan politics that have shadowed federal government support for Silicon Valley clean energy companies.

Read more: http://www.mercurynews.com/business/ci_23300602/tesla-motors-fully-repays-465-million-federal-loan

blacken700

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hahahahahahahaa poor fox news

Archer77

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I'm really rooting for new tech companies like tesla. 
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Shockwave

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I was shifting on them because I believe their original vehicles were basically pieces of shit.

doison

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I see them all over the roads near where I live.
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Victor VonDoom

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Doom approves.

Necrosis

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Fox Is such fucking garbage, it's so obvious what their agenda is.

The future is not gas and oil any retard can see that.

Roger Bacon

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Fox Is such fucking garbage, it's so obvious what their agenda is.

The future is not gas and oil any retard can see that.

That's the funny thing about leftists like yourself.  Please, wake up and face what they call reality. 

Soul Crusher

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Fox Is such fucking garbage, it's so obvious what their agenda is.

The future is not gas and oil any retard can see that.

When is Solyndra paying back their loan?

Shockwave

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For some odd reason, I always get teh feeling your BayGBM.

Necrosis

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Re: Tesla Motors fully repays $465 million federal loan nine years early
« Reply #10 on: May 25, 2013, 12:04:36 PM »
When is Solyndra paying back their loan?

your right, 100% success is required of course. Also, failing companies equate with the product they are selling.

You are stupid.

PIP, oil/gas etc will run out, it is dirty (see oil spill) and dangerous how am I not facing reality? The reality is one day we will need alternate fuel sources and the time will probably be long before the oil stores run out if the planet has anything to say about it.

Answer me this.

Is evolution correct?
Is global warming correct (the models)?


MCWAY

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Re: Tesla Motors fully repays $465 million federal loan nine years early
« Reply #11 on: May 25, 2013, 12:13:03 PM »
your right, 100% success is required of course. Also, failing companies equate with the product they are selling.

You are stupid.

PIP, oil/gas etc will run out, it is dirty (see oil spill) and dangerous how am I not facing reality? The reality is one day we will need alternate fuel sources and the time will probably be long before the oil stores run out if the planet has anything to say about it.

Answer me this.

Is evolution correct?
Is global warming correct (the models)?



You mean other than the SNOW that hit the midwest just three weeks ago?  ::)

And it may snow AGAIN this weekend!

http://usnews.nbcnews.com/_news/2013/05/24/18462699-winter-maybe-even-snow-to-return-for-memorial-day-weekend?lite

Remember this?



or THIS?





We got enough fuel to last us for CENTURIES. Your great-great granchildren will have fossil fuel out the wazoo to use for their homes. There is hardly any shortage of such. That is little more than tree-hugging BS, to bilk people out of their money to pay for cars that look like the juice boxes my son drinks with his PB&J sandwiches and his chips.

As for Tesla, for every one of them that does pay its loan back, how many haven't and/or have gone belly-up, 3? 4? 5?

This reminds me of joke Chris Rock made about the difference between black people and "N&#^@s". ""N&#*@s always want credit for some s^@& they supposed to do! A n&@#^( will say some s&@* like, 'I take care of my kids!'. YOU SUPPOSED TO, YOU DUMB M@**@#&*)R!!!"

Fast-forward to here: Whoopee!! Tesla paid back their loans.......AND? You guys want a ticker-tape parade for them? Give them cookies? TESLA'S SUPPOSED TO PAY IT BACK, "you low-expectation-having M*#$&@$(@($&@R!


Psychopath

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Re: Tesla Motors fully repays $465 million federal loan nine years early
« Reply #12 on: May 25, 2013, 01:00:38 PM »
Will never drive no car run on batteries.

headhuntersix

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Re: Tesla Motors fully repays $465 million federal loan nine years early
« Reply #13 on: May 25, 2013, 01:13:01 PM »
Fox Is such fucking garbage, it's so obvious what their agenda is.

The future is not gas and oil any retard can see that.


Yeah well when the magic new go juice is invented please let me know. When the shit doesn't need massive government loans and more people want to buy it...let me know. Until then I'll continue to buy gas guzzlers. In fact bought a brand new gas guzzling Hemi on Monday.
L

Shockwave

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Re: Tesla Motors fully repays $465 million federal loan nine years early
« Reply #14 on: May 25, 2013, 01:36:13 PM »

PIP, oil/gas etc will run out, it is dirty (see oil spill) and dangerous how am I not facing reality? The reality is one day we will need alternate fuel sources and the time will probably be long before the oil stores run out if the planet has anything to say about it.


Don't care, oil/gas will last until long after I'm dead, and quite frankly i couldnt give a flying fuck less about its environmental impact. I love driving my high HP gas guzzling vehicle and you Eco Fags can suck it.

And lol at my phone capitilalizing Eco.

MCWAY

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Re: Tesla Motors fully repays $465 million federal loan nine years early
« Reply #15 on: May 25, 2013, 01:53:00 PM »

Yeah well when the magic new go juice is invented please let me know. When the shit doesn't need massive government loans and more people want to buy it...let me know. Until then I'll continue to buy gas guzzlers. In fact bought a brand new gas guzzling Hemi on Monday.

Exactly!! If these stupid cars were all that, the companies wouldn't have to run to Uncle Sam to save them from bankruptcy.

Don't care, oil/gas will last until long after I'm dead, and quite frankly i couldnt give a flying fuck less about its environmental impact. I love driving my high HP gas guzzling vehicle and you Eco Fags can suck it.

And lol at my phone capitilalizing Eco.

Gas and oil will last generations after you, or until the Lord returns (whichever comes first). Pay no mind to Team Treehugger's garbage, especially when their poster boys are rolling in armored limos and flying jumbo jets.

We want cars that are actually.......CARS. If my little boy is looking at a car and wondering where to stick the straw because he's thirsty, that's a car that's worthless to me.

Necrosis

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Re: Tesla Motors fully repays $465 million federal loan nine years early
« Reply #16 on: May 25, 2013, 04:22:43 PM »
You mean other than the SNOW that hit the midwest just three weeks ago?  ::)

And it may snow AGAIN this weekend!

http://usnews.nbcnews.com/_news/2013/05/24/18462699-winter-maybe-even-snow-to-return-for-memorial-day-weekend?lite

Remember this?



or THIS?





We got enough fuel to last us for CENTURIES. Your great-great granchildren will have fossil fuel out the wazoo to use for their homes. There is hardly any shortage of such. That is little more than tree-hugging BS, to bilk people out of their money to pay for cars that look like the juice boxes my son drinks with his PB&J sandwiches and his chips.

As for Tesla, for every one of them that does pay its loan back, how many haven't and/or have gone belly-up, 3? 4? 5?

This reminds me of joke Chris Rock made about the difference between black people and "N&#^@s". ""N&#*@s always want credit for some s^@& they supposed to do! A n&@#^( will say some s&@* like, 'I take care of my kids!'. YOU SUPPOSED TO, YOU DUMB M@**@#&*)R!!!"

Fast-forward to here: Whoopee!! Tesla paid back their loans.......AND? You guys want a ticker-tape parade for them? Give them cookies? TESLA'S SUPPOSED TO PAY IT BACK, "you low-expectation-having M*#$&@$(@($&@R!



It paid back the loan far in advance, that's the point, but you knew that or are you actually that clueless? no one suggested they didn't have to pay off their loan nor did anyone get excited that they did. You truly are either a poor reader/thinker or are simply being willfully ignorant.

Let's then go back to the top. I honestly don't know why I try to argue with delusional people. You cite a weather occurrence as evidence against global warming. The number of things wrong with your argument or failed attempt at one is that weather and climate are totally different, your snow example is no more relevant to global warming as the number of corn kernals in my shit just minutes ago.

Then the argument of oil.You again miss my argument, nothing about how long the oil will last was presented as an argument, the nature of oil was. It is non-renewable, it will run out. Hence in order for our species to survive and for others to not live in terrible conditions (I know you lack compassion, you are the type to prey for the burning building to vanish) alternatives have to be in place. Now, what else is lacking about your stupid comments is that oil is sometimes very costly to extract, things such as fracking have grave environmental impacts, you want more dead bees? think of the bees. Thirdly combustion is stupid and inefficient for it's purpose, there is also the inherent risk of combustibles, ask the challenger guys. Fourthly,, oil has environmental impacts not related to the ground, ie, greenhouse gases,pollutants etc. In large cities for example we are seeing skyrocketing lung disease, things like asthma, copd etc. Weather related deaths increase etc as more pollution occurs more toxicants/xenobiotics are created, ie more illness, things like sick building syndrome will be common, cancers with have their etiology in toxins/environmental carcinogens will continue to increase in urban centers.

I could go on for days but it

Necrosis

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Re: Tesla Motors fully repays $465 million federal loan nine years early
« Reply #17 on: May 25, 2013, 04:27:34 PM »
Exactly!! If these stupid cars were all that, the companies wouldn't have to run to Uncle Sam to save them from bankruptcy.

Gas and oil will last generations after you, or until the Lord returns (whichever comes first). Pay no mind to Team Treehugger's garbage, especially when their poster boys are rolling in armored limos and flying jumbo jets.

We want cars that are actually.......CARS. If my little boy is looking at a car and wondering where to stick the straw because he's thirsty, that's a car that's worthless to me.
\

1. how many car companies received bailout money?

2. what does al gore have to do with anything, the length of time oil will last isn't even the issue.

3. rawr... you so manly. I think I heard jesus say something similar.

Parker

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Re: Tesla Motors fully repays $465 million federal loan nine years early
« Reply #18 on: May 25, 2013, 04:58:15 PM »
Interesting article about Tesla in the WSJ yesterday.

Roger Bacon

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Re: Tesla Motors fully repays $465 million federal loan nine years early
« Reply #19 on: May 25, 2013, 05:00:25 PM »
your right, 100% success is required of course. Also, failing companies equate with the product they are selling.

You are stupid.

PIP, oil/gas etc will run out, it is dirty (see oil spill) and dangerous how am I not facing reality? The reality is one day we will need alternate fuel sources and the time will probably be long before the oil stores run out if the planet has anything to say about it.

Answer me this.

Is evolution correct?
Is global warming correct (the models)?



You're technically right, but as long as you and I are alive Oil is going to remain the big thing. 

Parker

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Re: Tesla Motors fully repays $465 million federal loan nine years early
« Reply #20 on: May 25, 2013, 05:04:33 PM »
Tesla is making money in its zero emissions credits. Without them, it would be a different song.
Fisker was "forced" to take more money than it really wanted. The Obama Admin wanted them to produce more cars---Fisker is a boutique manufacturer, and got over it's head.

Vince G, CSN MFT

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Re: Tesla Motors fully repays $465 million federal loan nine years early
« Reply #21 on: May 25, 2013, 05:58:44 PM »
Tesla is making money in its zero emissions credits. Without them, it would be a different song.
Fisker was "forced" to take more money than it really wanted. The Obama Admin wanted them to produce more cars---Fisker is a boutique manufacturer, and got over it's head.


No, they are making tons of money because they are selling their cars direct online with no middleman...which is generally illegal in a number of states....  Since an average car runs a little over 100k, its a huge profit.  They are also not only selling cars but the bulk of their money is coming from their batteries
A

Hugo Chavez

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Re: Tesla Motors fully repays $465 million federal loan nine years early
« Reply #22 on: May 25, 2013, 06:26:40 PM »
Tesla is making money in its zero emissions credits. Without them, it would be a different song.
Fisker was "forced" to take more money than it really wanted. The Obama Admin wanted them to produce more cars---Fisker is a boutique manufacturer, and got over it's head.
Started to look into this a bit. The details on this deserve a thread.  

There's something really wrong with this picture...

http://www.marketplace.org/topics/sustainability/teslas-secret-success-selling-emissions-credits

MCWAY

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Re: Tesla Motors fully repays $465 million federal loan nine years early
« Reply #23 on: May 25, 2013, 07:13:25 PM »
It paid back the loan far in advance, that's the point, but you knew that or are you actually that clueless? no one suggested they didn't have to pay off their loan nor did anyone get excited that they did. You truly are either a poor reader/thinker or are simply being willfully ignorant.

Let's then go back to the top. I honestly don't know why I try to argue with delusional people. You cite a weather occurrence as evidence against global warming. The number of things wrong with your argument or failed attempt at one is that weather and climate are totally different, your snow example is no more relevant to global warming as the number of corn kernals in my shit just minutes ago.

Poor thinking and willful ignorance is YOUR department. 30 years ago, treehuggers like you were weeping, wailing, and gnashing their teeth about the planet FREEZING. When that scam went south, Team Hug-a-Pine went on and on about the planet burning up. Of course, if you're in the midwest (and were buried in snow, smack-dab in the middle of May), that gibberish doesn't digest well.


Then the argument of oil.You again miss my argument, nothing about how long the oil will last was presented as an argument, the nature of oil was. It is non-renewable, it will run out. Hence in order for our species to survive and for others to not live in terrible conditions (I know you lack compassion, you are the type to prey for the burning building to vanish) alternatives have to be in place. Now, what else is lacking about your stupid comments is that oil is sometimes very costly to extract, things such as fracking have grave environmental impacts, you want more dead bees? think of the bees. Thirdly combustion is stupid and inefficient for it's purpose, there is also the inherent risk of combustibles, ask the challenger guys. Fourthly,, oil has environmental impacts not related to the ground, ie, greenhouse gases,pollutants etc. In large cities for example we are seeing skyrocketing lung disease, things like asthma, copd etc. Weather related deaths increase etc as more pollution occurs more toxicants/xenobiotics are created, ie more illness, things like sick building syndrome will be common, cancers with have their etiology in toxins/environmental carcinogens will continue to increase in urban centers.

I could go on for days but it

And, you'll sound just as silly as you do now. Oil ain't running out anytime soon. In fact, our buddies in North Dakota are showing us the way. There are CENTURIES (at the very least) of oil at our disposal, just waiting to be used. And as technologies increase, we'll find other sources of oil. Energy-wise, we're fine.

That's the point that you and your tree-hugging brethren can't get through your heads. Or worse, YOU CAN GET THAT through your head. But, this mess is being used as a tool to bilk people out of their hard-earned money and precious freedom and land.

Of course, climates change, genius. They're called seasons, even in my home state of Florida. It gets hot; it get cold (or in some cases in Florida, less hot   ;D )

\

1. how many car companies received bailout money?

2. what does al gore have to do with anything, the length of time oil will last isn't even the issue.

3. rawr... you so manly. I think I heard jesus say something similar.

I didn't mention Al Gore, at least not by name. Although he's among the big kahunas of tree-hugging schysters that bilk folks like you, he's hardly the only one.


Coach is Back!

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Re: Tesla Motors fully repays $465 million federal loan nine years early
« Reply #24 on: May 25, 2013, 07:21:35 PM »
i believe some on here were shitting on them  ;D

Source: San Jose Mercury News

In a huge boost for the Obama Administration and clean-energy firms, electric vehicle maker Tesla Motors (TSLA) announced Wednesday that it has paid back its $465 million government loan in full and nine years early.
 
The Department of Energy oversees $34 billion in taxpayer-funded loans for clean energy and other projects, but Tesla is the only United States car company in the vast portfolio of 33 projects to pay back its loan so far. The loan program faced fierce partisan fire in the wake of the high-profile 2011 bankruptcy of Fremont solar manufacturer Solyndra, and Republican presidential candidate Mitt Romney called Tesla a "loser" in a presidential debate last fall.
 
"Tesla employs more than 3,000 American workers and is living proof of the power of American innovation," U.S. Energy Secretary Ernest Moniz said in a statement. "This is another important contribution to what the Obama Administration has done to preserve and promote America's auto industry. This announcement is also good news for the future of America's growing electric vehicle industry. While the market has taken longer than predicted to get going, sales of electric vehicles in the U.S. tripled last year and are continuing to increase rapidly in 2013. Tesla and other U.S. manufacturers are in a strong position to compete for this growing global market."
 
... Analysts said the move frees Tesla from the partisan politics that have shadowed federal government support for Silicon Valley clean energy companies.

Read more: http://www.mercurynews.com/business/ci_23300602/tesla-motors-fully-repays-465-million-federal-loan


Staring price is around $62,500. I for one would like to know how this is getting paid back. It's totally out of the price range for MOST people. But as the article states, it's the ONLY company out of 33 to pay it back. This is still a loss. I don't think you bothered to read beyond the headlines.