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Good point.

https://lpo.energy.gov/?page_id=43

I'm confused by the criteria described at the bottom of the page:

In order to be financially eligible for an ATVM loan, an applicant must be financially viable without the receipt of additional federal funding for the proposed project.

Would Tesla really have been financially viable without this loan?



I think their powertrain business has always been profitable. It just would have taken a lot longer to build up to the point they are now.




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