Looks like Tesla Motors will get a loan of $450 million from the Obama administration to build the Model S electric car. About $100 million will go to the production of the battery packs and drive trains. There are incentives to have the money paid back by 2022. The price of the Roadster appears to be down to about about $80,000 which is better than the initial $100,000. It will be interesting to see what the projected price of the Model S will be.
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