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Tesla's early repayment of their DOE loan has prevented the U.S. government from exercising three million warrants, which would have netted America around $250
by codex 13y ago
Tesla's early repayment of their DOE loan has prevented the U.S. government from exercising three million warrants, which would have netted America around $250 million at the current stock price. Smart move for Tesla, almost a huge boon for U.S. taxpayers.
- Eliezer 13y agoOh, they had stock warrants? That explains it. Trading the low-interest debt for stock wouldn't make any sense otherwise.