Telsa Motors Got Its Money

Posted on | June 23, 2009 | No Comments

Today it was officially announced that Telsa Motors well be receiving about $500 million in government loans. This money is coming from the $25 billion government program to help auto manufactures. Hopefully with this money and the other $200 million that has already been invested in this company we can finally see a manufacturing planet come online that is able to mass produce an electric car. While this seems like a great step forward we still have to wonder if Telsa motors can actually deliver on all the hype and promises that it has promised or like what it has shown so far that it is only a lot of talk and very little substance behind all its promises.

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