10 Updates

Who Will Succeed Energy Secretary Steve Chu at DOE?

Source: GreentechMedia, Nov 19 2012, 12:18am CST

Obama's second term willl see Hillary Clinton depart as Secretary of State, Leon Panetta depart as Secretary of Defense, and Steve Chu likely step down from his post as Secretary of Energy. We're not going ...

Continue reading on: GreentechMedia

 
 
Update
10

10 minutes ago

Biz Break: Tesla and Hewlett-Packard prove their doubters wrong

Source: The San Jose Mercury News  |   May 22 2013, 5:25pm CDT

car maker used funds raised through a secondary stock offering and convertible debt sale exercised in the wake of its first profitable quarter in the country's history, which helped push Tesla stock to record leve ...

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Update
9

45 minutes ago

UPDATE 2-Electric carmaker Tesla pays off U.S. loan

Source: Reuters Mobile  |   May 22 2013, 4:50pm CDT

* Wires $452 million to pay off U.S. DOE loan * Repays loan using part of almost $1 bln raised in offerings last week * Tesla received the loan in 2010 and used it to build Model S car * Republicans have criticized the DOE loan program in the past DETR ...

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Update
8

26 weeks ago


Quote:
"If he’s not happy with the amount Congress appropriates for DOE he can just top off the budget with a few billion of his own funds."


Source: GreentechMedia

 

Latest Politics News

 
Update
7

1 hour ago

Tesla replays DOE loan nine years early

Source: Green Car Congress  |   May 22 2013, 4:33pm CDT

Flush with its recent $1.02 billion fundraising, Tesla Motors has paid off the entire loan awarded to the company by the US Department of Energy in 2010. In addition to payments made in 2012 and Q1 2013, today’s wire of almost half a ...

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Update
6

1 hour ago

Forbes: Melinda Gates more powerful than Michelle Obama

Source: King 5  |   May 22 2013, 4:27pm CDT

Philanthropist Melinda Gates is more powerful than First Lady Michelle Obama or former First Lady and Secretary of State Hillary Clinton, according to a new ranking by Forbes Magazine. The magazine’s list of the 100 most powerful women includes politici ...

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Update
5

1 hour ago

Tesla CEO On Repaying Taxpayer Loan: I Hope We Did You Proud

Source: Forbes Blogs  |   May 22 2013, 4:15pm CDT

Electric car-maker Tesla Motors Tesla Motors wired almost half a billion dollars to the U.S. government on Wednesday, erasing the remaining balance on its 2010 taxpayer loan and sidestepping a continuing controversy over the Obama Administration’s suppor ...

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Update
4

1 hour ago

Tesla Motors fully repays $465 million federal loan nine years early

Source: The San Jose Mercury News  |   May 22 2013, 3:47pm CDT

Today's wire of $451.8 million repays the full loan with interest. The payment was made using a portion of the $1 billion Tesla raised last week through offerings of common stock and convertible senior notes. an analyst with D ...

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Update
3

3 hours ago

Tesla Is Just a Winning Stimulus as Fourth U.S. Automaker Emerges

Source: The Street  |   May 22 2013, 1:49pm CDT

At Tesla's current share price of about $90, those warrants would be in the money by about $250 million, helping the government to recoup any losses in about $30 billion in financing it doled out in the wake of the finan ...

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Update
2

6 hours ago

Another Controversy for the Obama Admin, But CNN Has Barely Reported This One

Source: Newsbusters  |   May 22 2013, 11:10am CDT

Obama's Secretary of Health and Human Services has come under major scrutiny for bypassing Congress and soliciting donations from health executives to help support ObamaCare, yet CNN has barely mentioned the story. The Washington ...

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Update
1

6 hours ago

Tesla says it paid back entire DOE loan today

Source: Automotive News  |   May 22 2013, 10:48am CDT

Musk: "I hope we did you proud." WASHINGTON (Bloomberg) -- Tesla Motors Inc. today said it paid off the entire balance of its U.S. government loan given as part of a Department of Energy program to spur development of alternative e ...

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