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

|About: Tesla Motors (TSLA)|By:, SA News Editor

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.