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I think they took a loan guarantee from DOE because nobody else was lending money back then and they needed funding to develop the Model S.
by vpeters25 13y ago
I think they took a loan guarantee from DOE because nobody else was lending money back then and they needed funding to develop the Model S.
- dnautics 13y agoIf my memory serves me right, they didn't need that funding to develop the Model S, they just took it to make the whole process a little bit less risky.