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This announcement doesn't really have anything to do with GM (or even apply to them) in anything but the "we gave them a loan" sense. From the linked article:
by testing12341234 13y ago
This announcement doesn't really have anything to do with GM (or even apply to them) in anything but the "we gave them a loan" sense.
From the linked article:
"This program is often confused with the financial bailouts provided to the then bankrupt GM and Chrysler, who were ineligible for the ATVM program, because a requirement of that program was good financial health."
- davidrudder 13y agoYeah, I thought that was confusing. "We're the only", "but in some circumstances we're not really talking about everyone". I thought it was worth answering the question "did GM pay back it's loan" because GM is the largest and most notorious recipient of US loan money. Maybe Tesla really did mean "We're the only American company who received an ATVM loan to pay it back." But, if so, they're being intentionally misleading.