http://www.thestandard.com/node/126482/comments comments feed. en http://www.thestandard.com/predictions/tesla-motors-gets-doe-funding-july-2009 <!--paging_filter--><p><!--paging_filter--> <p><!--paging_filter--> </p> <p>Electric car maker Tesla Motors announced that <a href="http://www.mercurynews.com/personalfinance/ci_11681303">it will receive a $450 million loan from the Department of Energy</a> to build a factory for its Model S, a four-door electric sedan, and also to support its battery supply business. Tesla CEO Elon Musk assured customers in a monthly newsletter that the money from the DOE would come in &quot;four to five months.&quot;  </p> <p><span id="mn_Global"><span id="mn_Article"></span></span>That's great news, except the<a href="http://online.wsj.com/article/SB123448815417580333.html"> DOE has a reputation for being slow-moving and full of bureacratic delays</a>. Obama's new Energy Secretary Steven Chu will get roughly $35 billion to $40 billion under the stimulus bill to loan to green tech companies. <a href="http://online.wsj.com/article/SB123393841471357455.html?mod=googlenews_wsj">Chu said he wants checks sent to these companies in 4 weeks</a>. But some DOE skeptics don't expect to see any loans given to clean tech businesses for another 12 months. </p> <p>Tesla is supposedly <a href="http://earth2tech.com/2009/02/12/timeline-revealed-for-doe-loan-program-dont-get-your-hopes-up/">one of a handful that is on the fast track</a> to receive its loans this year.</p> <p><b>Prediction: </b>Tesla Motors will get its loan from the Department of Energy by July 1, 2009. </p> <p>Image: <a href="http://www.teslamotors.com">Tesla Motors </a></p> http://www.thestandard.com/predictions/tesla-motors-gets-doe-funding-july-2009#comments Business &amp; Finance co:Tesla Motors people:Elon Musk product:model S Fri, 13 Feb 2009 14:16:44 -0500 Yi-Wyn Yen 126482 at http://www.thestandard.com http://www.thestandard.com/predictions/tesla-motors-gets-doe-funding-july-2009 <!--paging_filter--><p><!--paging_filter--> <p><!--paging_filter--> </p> <p>Electric car maker Tesla Motors announced that <a href="http://www.mercurynews.com/personalfinance/ci_11681303">it will receive a $450 million loan from the Department of Energy</a> to build a factory for its Model S, a four-door electric sedan, and also to support its battery supply business. Tesla CEO Elon Musk assured customers in a monthly newsletter that the money from the DOE would come in &quot;four to five months.&quot;  </p> <p><span id="mn_Global"><span id="mn_Article"></span></span>That's great news, except the<a href="http://online.wsj.com/article/SB123448815417580333.html"> DOE has a reputation for being slow-moving and full of bureacratic delays</a>. Obama's new Energy Secretary Steven Chu will get roughly $35 billion to $40 billion under the stimulus bill to loan to green tech companies. <a href="http://online.wsj.com/article/SB123393841471357455.html?mod=googlenews_wsj">Chu said he wants checks sent to these companies in 4 weeks</a>. But some DOE skeptics don't expect to see any loans given to clean tech businesses for another 12 months. </p> <p>Tesla is supposedly <a href="http://earth2tech.com/2009/02/12/timeline-revealed-for-doe-loan-program-dont-get-your-hopes-up/">one of a handful that is on the fast track</a> to receive its loans this year.</p> <p><b>Prediction: </b>Tesla Motors will get its loan from the Department of Energy by July 1, 2009. </p> <p>Image: <a href="http://www.teslamotors.com">Tesla Motors </a></p> http://www.thestandard.com/predictions/tesla-motors-gets-doe-funding-july-2009#comments Business &amp; Finance co:Tesla Motors people:Elon Musk product:model S Fri, 13 Feb 2009 14:16:44 -0500 Yi-Wyn Yen 126482 at http://www.thestandard.com http://www.thestandard.com/predictions/tesla-motors-gets-doe-funding-july-2009 <!--paging_filter--><p><!--paging_filter--> <p><!--paging_filter--> </p> <p>Electric car maker Tesla Motors announced that <a href="http://www.mercurynews.com/personalfinance/ci_11681303">it will receive a $450 million loan from the Department of Energy</a> to build a factory for its Model S, a four-door electric sedan, and also to support its battery supply business. Tesla CEO Elon Musk assured customers in a monthly newsletter that the money from the DOE would come in &quot;four to five months.&quot;  </p> <p><span id="mn_Global"><span id="mn_Article"></span></span>That's great news, except the<a href="http://online.wsj.com/article/SB123448815417580333.html"> DOE has a reputation for being slow-moving and full of bureacratic delays</a>. Obama's new Energy Secretary Steven Chu will get roughly $35 billion to $40 billion under the stimulus bill to loan to green tech companies. <a href="http://online.wsj.com/article/SB123393841471357455.html?mod=googlenews_wsj">Chu said he wants checks sent to these companies in 4 weeks</a>. But some DOE skeptics don't expect to see any loans given to clean tech businesses for another 12 months. </p> <p>Tesla is supposedly <a href="http://earth2tech.com/2009/02/12/timeline-revealed-for-doe-loan-program-dont-get-your-hopes-up/">one of a handful that is on the fast track</a> to receive its loans this year.</p> <p><b>Prediction: </b>Tesla Motors will get its loan from the Department of Energy by July 1, 2009. </p> <p>Image: <a href="http://www.teslamotors.com">Tesla Motors </a></p> http://www.thestandard.com/predictions/tesla-motors-gets-doe-funding-july-2009#comments Business &amp; Finance co:Tesla Motors people:Elon Musk product:model S Fri, 13 Feb 2009 14:16:44 -0500 Yi-Wyn Yen 126482 at http://www.thestandard.com http://www.thestandard.com/predictions/tesla-motors-gets-doe-funding-july-2009 <!--paging_filter--><p><!--paging_filter--> <p><!--paging_filter--> </p> <p>Electric car maker Tesla Motors announced that <a href="http://www.mercurynews.com/personalfinance/ci_11681303">it will receive a $450 million loan from the Department of Energy</a> to build a factory for its Model S, a four-door electric sedan, and also to support its battery supply business. Tesla CEO Elon Musk assured customers in a monthly newsletter that the money from the DOE would come in &quot;four to five months.&quot;  </p> <p><span id="mn_Global"><span id="mn_Article"></span></span>That's great news, except the<a href="http://online.wsj.com/article/SB123448815417580333.html"> DOE has a reputation for being slow-moving and full of bureacratic delays</a>. Obama's new Energy Secretary Steven Chu will get roughly $35 billion to $40 billion under the stimulus bill to loan to green tech companies. <a href="http://online.wsj.com/article/SB123393841471357455.html?mod=googlenews_wsj">Chu said he wants checks sent to these companies in 4 weeks</a>. But some DOE skeptics don't expect to see any loans given to clean tech businesses for another 12 months. </p> <p>Tesla is supposedly <a href="http://earth2tech.com/2009/02/12/timeline-revealed-for-doe-loan-program-dont-get-your-hopes-up/">one of a handful that is on the fast track</a> to receive its loans this year.</p> <p><b>Prediction: </b>Tesla Motors will get its loan from the Department of Energy by July 1, 2009. </p> <p>Image: <a href="http://www.teslamotors.com">Tesla Motors </a></p> http://www.thestandard.com/predictions/tesla-motors-gets-doe-funding-july-2009#comments Business &amp; Finance co:Tesla Motors people:Elon Musk product:model S Fri, 13 Feb 2009 14:16:44 -0500 Yi-Wyn Yen 126482 at http://www.thestandard.com http://www.thestandard.com/predictions/tesla-motors-gets-doe-funding-july-2009 <!--paging_filter--><p><!--paging_filter--> <p><!--paging_filter--> </p> <p>Electric car maker Tesla Motors announced that <a href="http://www.mercurynews.com/personalfinance/ci_11681303">it will receive a $450 million loan from the Department of Energy</a> to build a factory for its Model S, a four-door electric sedan, and also to support its battery supply business. Tesla CEO Elon Musk assured customers in a monthly newsletter that the money from the DOE would come in &quot;four to five months.&quot;  </p> <p><span id="mn_Global"><span id="mn_Article"></span></span>That's great news, except the<a href="http://online.wsj.com/article/SB123448815417580333.html"> DOE has a reputation for being slow-moving and full of bureacratic delays</a>. Obama's new Energy Secretary Steven Chu will get roughly $35 billion to $40 billion under the stimulus bill to loan to green tech companies. <a href="http://online.wsj.com/article/SB123393841471357455.html?mod=googlenews_wsj">Chu said he wants checks sent to these companies in 4 weeks</a>. But some DOE skeptics don't expect to see any loans given to clean tech businesses for another 12 months. </p> <p>Tesla is supposedly <a href="http://earth2tech.com/2009/02/12/timeline-revealed-for-doe-loan-program-dont-get-your-hopes-up/">one of a handful that is on the fast track</a> to receive its loans this year.</p> <p><b>Prediction: </b>Tesla Motors will get its loan from the Department of Energy by July 1, 2009. </p> <p>Image: <a href="http://www.teslamotors.com">Tesla Motors </a></p> http://www.thestandard.com/predictions/tesla-motors-gets-doe-funding-july-2009#comments Business &amp; Finance co:Tesla Motors people:Elon Musk product:model S Fri, 13 Feb 2009 14:16:44 -0500 Yi-Wyn Yen 126482 at http://www.thestandard.com http://www.thestandard.com/predictions/tesla-motors-gets-doe-funding-july-2009 <!--paging_filter--><p><!--paging_filter--> <p><!--paging_filter--> </p> <p>Electric car maker Tesla Motors announced that <a href="http://www.mercurynews.com/personalfinance/ci_11681303">it will receive a $450 million loan from the Department of Energy</a> to build a factory for its Model S, a four-door electric sedan, and also to support its battery supply business. Tesla CEO Elon Musk assured customers in a monthly newsletter that the money from the DOE would come in &quot;four to five months.&quot;  </p> <p><span id="mn_Global"><span id="mn_Article"></span></span>That's great news, except the<a href="http://online.wsj.com/article/SB123448815417580333.html"> DOE has a reputation for being slow-moving and full of bureacratic delays</a>. Obama's new Energy Secretary Steven Chu will get roughly $35 billion to $40 billion under the stimulus bill to loan to green tech companies. <a href="http://online.wsj.com/article/SB123393841471357455.html?mod=googlenews_wsj">Chu said he wants checks sent to these companies in 4 weeks</a>. But some DOE skeptics don't expect to see any loans given to clean tech businesses for another 12 months. </p> <p>Tesla is supposedly <a href="http://earth2tech.com/2009/02/12/timeline-revealed-for-doe-loan-program-dont-get-your-hopes-up/">one of a handful that is on the fast track</a> to receive its loans this year.</p> <p><b>Prediction: </b>Tesla Motors will get its loan from the Department of Energy by July 1, 2009. </p> <p>Image: <a href="http://www.teslamotors.com">Tesla Motors </a></p> http://www.thestandard.com/predictions/tesla-motors-gets-doe-funding-july-2009#comments Business &amp; Finance co:Tesla Motors people:Elon Musk product:model S Fri, 13 Feb 2009 14:16:44 -0500 Yi-Wyn Yen 126482 at http://www.thestandard.com