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Politics

Chris Katje

If Tesla Needed Money From DOE Loan, Company Would've Gone Bankrupt Says Elon Musk In Interview

Elon Musk DOE Nasdaq Tesla Inc. electric vehicle

Over the years, Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has discussed openly how close the electric vehicle company was to bankruptcy. One item that helped the company avoid bankruptcy was a “loan” from the Department of Energy (DOE), but it wasn’t a traditional loan that many believe.

What Happened: In 2009, the Department of Energy gave Tesla a letter of interest for a potential loan. Tesla received a loan of around $500 million.

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Top stories on inkl right now

San Luis Obispo County's First 2026 Measles Case Puts Arroyo Grande ER and Clinic Visitors on Watch

San Luis Obispo County's First 2026 Measles Case Puts Arroyo Grande ER and Clinic Visitors on Watch

San Luis Obispo County confirmed its first 2026 measles case, with exposures at an Arroyo Grande ER and a SLO clinic. Check dates and symptoms.

Three men found guilty of murders of Australian surfer brothers and US friend in Mexico

Three men found guilty of murders of Australian surfer brothers and US friend in Mexico

Australian brothers Jake and Callum Robinson, 30 and 33, and friend Carter Rhoad, 30, were killed on a surfing trip in 2024

The Guardian - AU

Powerful 7.7-magnitude earthquake strikes Panama and triggers panic in capital

Powerful 7.7-magnitude earthquake strikes Panama and triggers panic in capital

The quake caused buildings and roads to collapse but the country appeared to escape widespread destruction or deaths

The Guardian - US

Washington Confirms Its First H5N1 Bird Flu Cases in Dairy Cattle, Placing Two Yakima County Farms Under Quarantine

Washington Confirms Its First H5N1 Bird Flu Cases in Dairy Cattle, Placing Two Yakima County Farms Under Quarantine

Washington confirmed its first H5N1 bird flu cases in dairy cattle at two Yakima County farms. What it means for milk, farmworkers, and families.

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Panama rocked by 2 powerful earthquakes and multiple aftershocks, prompting evacuations

Panama rocked by 2 powerful earthquakes and multiple aftershocks, prompting evacuations

On Friday, two significant earthquakes of magnitudes 7.7 and 6.6 impacted southern Panama, leading to widespread evacuations. Many buildings collapsed near the epicenter while the capital experienced overwhelming fear among residents. Authorities did not report any fatalities, although there were injuries due to falling debris. Several aftershocks rattled the region,…

The Economic Times

Hurricane Isaias makes landfall in Florida as Category 2 storm

Hurricane Isaias makes landfall in Florida as Category 2 storm

Hurricane Isaias has made its presence felt near Destin, Florida, registering maximum sustained winds of 105 mph. Residents in coastal areas across Florida's Panhandle and Alabama are on high alert. In response, officials issued hurricane warnings, with some counties mandating evacuations. To bolster emergency measures, Florida's National Guard mobilized 5,000…

The Times of India

Related Stories

Top stories on inkl right now

San Luis Obispo County's First 2026 Measles Case Puts Arroyo Grande ER and Clinic Visitors on Watch

San Luis Obispo County's First 2026 Measles Case Puts Arroyo Grande ER and Clinic Visitors on Watch

San Luis Obispo County confirmed its first 2026 measles case, with exposures at an Arroyo Grande ER and a SLO clinic. Check dates and symptoms.

Three men found guilty of murders of Australian surfer brothers and US friend in Mexico

Three men found guilty of murders of Australian surfer brothers and US friend in Mexico

Australian brothers Jake and Callum Robinson, 30 and 33, and friend Carter Rhoad, 30, were killed on a surfing trip in 2024

The Guardian - AU

Powerful 7.7-magnitude earthquake strikes Panama and triggers panic in capital

Powerful 7.7-magnitude earthquake strikes Panama and triggers panic in capital

The quake caused buildings and roads to collapse but the country appeared to escape widespread destruction or deaths

The Guardian - US

Washington Confirms Its First H5N1 Bird Flu Cases in Dairy Cattle, Placing Two Yakima County Farms Under Quarantine

Washington Confirms Its First H5N1 Bird Flu Cases in Dairy Cattle, Placing Two Yakima County Farms Under Quarantine

Washington confirmed its first H5N1 bird flu cases in dairy cattle at two Yakima County farms. What it means for milk, farmworkers, and families.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Panama rocked by 2 powerful earthquakes and multiple aftershocks, prompting evacuations

Panama rocked by 2 powerful earthquakes and multiple aftershocks, prompting evacuations

On Friday, two significant earthquakes of magnitudes 7.7 and 6.6 impacted southern Panama, leading to widespread evacuations. Many buildings collapsed near the epicenter while the capital experienced overwhelming fear among residents. Authorities did not report any fatalities, although there were injuries due to falling debris. Several aftershocks rattled the region,…

The Economic Times

Hurricane Isaias makes landfall in Florida as Category 2 storm

Hurricane Isaias makes landfall in Florida as Category 2 storm

Hurricane Isaias has made its presence felt near Destin, Florida, registering maximum sustained winds of 105 mph. Residents in coastal areas across Florida's Panhandle and Alabama are on high alert. In response, officials issued hurricane warnings, with some counties mandating evacuations. To bolster emergency measures, Florida's National Guard mobilized 5,000…

The Times of India

Our Picks

63 Celebrity Lookalikes Who Look Like They Were Separated At Birth

If you have ever mistaken Amy Adams for Isla Fisher, you are not alone, bad with names, or imagining things. We’ve all been there. Even Jeffrey Dean Morgan gets approached in airports and grocery stores by fans who mistake him for Javier Bardem and immediately start speaking Spanish. Celebrity doppelgängers…

Why Does Deli Meat Get Slimy Even Before the Expiration Date?

You open the refrigerator, reach for the deli meat, and notice something feels different. The slices are slippery, sticky, or coated with a thin film, even though the package date says you still have several days left to use them. It is an easy situation to second-guess because deli meat…

Grocery Coupon Guide

French family finds rare Chinese vase in attic, takes it to Sotheby’s in shoebox; sells for €16.18m

An 18th-century Chinese porcelain vase, forgotten in a French family's attic, sold for €16.18 million at Sotheby’s Paris in 2018. The family brought it to the auction house in a shoebox, unaware of its value. Experts identified it as a rare imperial vase made for the Qianlong Emperor, and it…

The Times of India

Travis Barker shares Kourtney Kardashian’s bold first move: ‘Something crazy’

Couple were friends for 15 years before becoming a couple around 2020

The Independent UK

‘My dog’s built her own fashion community’: how canine companions stole the fashion week spotlight

Our four-legged friends are turning heads from Louis Vuitton to Schiaparelli – but what does their presence in the most exclusive of spaces say about the industry’s changing attitudes?

The Guardian - UK

Mystery of why big dogs age faster than small ones finally solved

Researchers analyzed the health of more than 860 dogs

The Independent UK

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