Tesla gets 10 Million cash flow from California government


The California Energy Commission approved a 10 million dollar grant to Tesla for it’s Model X SUV. Part of the agreement is that Tesla will match the grant with $50 million of its own money and use the entire sum to keep Model X production rates high when it finally hits manufacturing in 2014. This will include hiring on 700 more workers. California being green wants this electronic SUV to succeed.

via AllthingsD

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