Brett Maas Personal Blog
Check out this video about Brett Maas investor relations professional video! Share if you can please and feel free to embed on your investor relations sites.
We are experimenting with some content ideas and platforms like YouTube so would love your feedback in the comments. Thanks! (Brett’s content team)
Learn more about Brett Maas Investor relations and Brett Maas Social Sites.
Hat Tip: Automotive.com
Purveyor of all things electric, automaker Tesla has asked the federal government for yet another loan to get its Model S electric sports sedan off the ground and into production.
Tesla secured a $465 million loan in 2009 from the U.S. Department of Energy to build its Palo Alto, Calif. headquarters and refurbish the former General Motors-Toyota NUMMI joint-venture plant in Fremont, Calif. Tesla recently asked for an undisclosed loan figure from the federal government to shore up its production abilities.
The electric car startup has publicized that its initial loan helped generate 1000 new jobs. Details have not been mentioned on what the new loan would go toward specifically.
Meanwhile, House Republicans have introduced the idea of cutting President Barack Obama’s green jobs bill — a program that fostered the original loan Tesla received. Because of the massive sweeps to reduce the $17 trillion debt load carried by the U.S., there’s a very real possibility it could happen. Such a cut could halt Tesla’s working capital, putting the company in jeopardy or forcing it to find greener pastures for financing.
Source: San Francisco Chronicle
Connect with me – Brett Maas Facebook, Brett Maas Linkedin