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Does anyone know if the DOE is able to recycle the funds back into loans for other electric vehicle manufacturers? If so, this may have been an extra smart mov
by VandyILL 13y ago
Does anyone know if the DOE is able to recycle the funds back into loans for other electric vehicle manufacturers? If so, this may have been an extra smart move on Tesla's part because it could help competitors access capital and start investing in some of the shared technology behind electric cars and help bring the whole industry to scale.
- wmf 13y agoIIRC the DOE still has billions of electric vehicle loan money that they haven't awarded because there are no companies worthy of receiving it. They're also gun-shy about another Solyndra.