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>> FORD MOTOR COMPANY Latest News

MAY 22, 2013 - San Francisco Chronicle

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Tesla a success for federal loan program

Tesla a success for federal loan program Created under the Bush administration, the Advanced Technology Vehicle Manufacturing loan program became part of President Obama's economic stimulus plan, which emphasized green jobs and renewable power. First to pay backOf the five car companies that received loans from the program, including Ford Motor Co. and Nissan North America, Tesla is the first to pay the money back. [...] the loan also dragged Tesla into the fierce partisan debate that erupted after another clean-tech company funded by the federal government - Solyndra, located just over ... Read More

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