XspaceX (@elonmuskreve5) 's Twitter Profile
XspaceX

@elonmuskreve5

Passionate about accelerating the world's transition to sustainable energy, and ensuring humanity's long-term survival and prosperity.⚡️🚀

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calendar_today26-11-2010 15:30:55

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Elon Musk (@elonmusk) 's Twitter Profile Photo

David Holtom Jordan Clark Eric Berger Exactly. In mid 2009, Tesla received non-binding approval for loan program actually signed into law by Bush in late 2008. First actual disbursement was Q2 2010, long after BK danger passed. Loan was repaid early with interest. Taxpayers made money on it!!

Elon Musk (@elonmusk) 's Twitter Profile Photo

TESLARATI Simon Alvarez GM & Chrysler were bailed out (money never repaid), but Tesla was not. Crucial Tesla investment actually came from Daimler in 2009, from which they did very well. Tesla received govt energy efficiency loan in 2010, by which time capital markets reopened. Loan was repaid early.

Elon Musk (@elonmusk) 's Twitter Profile Photo

ALEX We learned our lesson with $465M DoE loan received in 2010/2011 – onerous terms exceed value of money received. That’s why we paid it back so early, despite an early repayment penalty.

Elon Musk (@elonmusk) 's Twitter Profile Photo

Air Force official awards $10B+ contract uncompeted & then takes lucrative job w funds recipient nlpc.org/stories/2014/0…

Elon Musk (@elonmusk) 's Twitter Profile Photo

SpaceX Very proud of the SpaceX team! Can’t believe it’s been fifty Falcon 9 launches already. Just ten years ago, we couldn’t even reach orbit with little Falcon 1.