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Tesla (TSLA) will make an advance payment on the DOE loan principal payment that's due in March,...

Tesla (TSLA) will make an advance payment on the DOE loan principal payment that's due in March, says CEO Elon Musk in a blog post. Musk's remarks come shortly after Tesla disclosed the politically pressured DOE wants the company to repay its loan at an accelerated pace. Also: Musk claims Tesla is "on the verge of becoming cash flow positive," and defends the company's Q3/Q4 guidance cut by claiming Tesla is "at the steepest portion of our production ramp."  Shares +1.7% AH.
Comments (3)
  • Beginning to think Tesla has only one employee------
    Not so bad since it's Elon Musk------
    Rooting for all 3 companies to make it big----
    SpaceX, Tesla and Solar City----
    Maybe EM is from Mars and he is just homesick ????
    3 Oct 2012, 07:49 PM Reply Like
  • Get short & stay short.
    3 Oct 2012, 08:14 PM Reply Like
  • Today is going to be a lousy day for you Joe.
    4 Oct 2012, 04:05 AM Reply Like
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