Tesla Motors (TSLA +0.7%) says the Department of Energy approved a plan in which the automaker...

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

Tesla Motors (TSLA +0.7%) says the Department of Energy approved a plan in which the automaker will repay its government loan by December of 2017 with accelerated payments beginning in 2015. It's a faster pace of repayment that CEO Elon Musk hinted at in recent interviews. (TSLA annual report)