Tesla Prepping IPO
Revenge of the Electric Car
NOVEMBER 25, 2009
roads by 2015 and low-cost Department of Energy loans for manufacturers. The carmaker is developing a second, lower-cost model, an electric sedan known as the Model S, which will have a base price of $49,900. The electric-car start-up was offered $465 million in low-cost loans by the U.S.
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