Auto Industry Bailout, Tesla | featured news

(Image from article: "Ford, Nissan to Tap Federal Loans")

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Feds lend Tesla $465M for electric car

The Obama Administration will lend Tesla Motors $465 million to build an electric sedan and the battery packs needed to propel it.

Ford, Nissan to Tap Federal Loans

The government is poised to disclose that Ford, Tesla and Nissan will be among the first beneficiaries of a $25 billion loan program to help develop fuel-efficient vehicles.

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