Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

As a smart man once said: 'A lie can travel half way around the world while the truth is putting on its shoes.'

https://www.quora.com/Was-Tesla-bailed-out-by-the-US-governm...

No, Tesla did not receive any funds under the 2009 auto industry bailout.[1] The $80.7 billion went to Chrysler and GM.

Tesla did receive a government loan of $465 million under the Advanced Technology Vehicle Manufacturing program, a program signed into law by Bush in 2008. Tesla subsequently repaid that loan.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: