Tesla Motors has announced that it has repaid the loan provided by the U.S. Energy Department in full, following today’s wire of $451.8 million. The company had also made payments in 2012 and the first quarter of 2013. In a press statement, the EV manufacturer said it is the first and only American car company to date, to have fully repaid the U.S. government.
Tesla added that it repaid the loan nine years ahead of schedule, saving taxpayers at least $12 million on the $465 million lent.
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