Tesla Motors, an automaker that received a $465-million AVTM loan back in June of 2009, is speaking out against the cut by listing the impact that the DOE money had on Tesla's job creation and accelerating the development of electric vehicle technology. Tesla says that the AVTM loan is helping with Model S development and the company's electric powertrain-development partnerships with Mercedes Benz/ Daimler and Toyota. Then there's this:
Tesla argues that receiving initial funds from the U.S. government was what jump-started the automaker's electric revolution. But it's apparently not enough. Reports claim Tesla is now seeking additional money from the U.S. government to "build increasingly affordable electric vehicles."Prior to receiving the ATVM loan, Tesla employed 400 people. Since the loan's closure, we have purchased the former NUMMI plant in Fremont, CA. With Tesla's continued expansion at its headquarters in Palo Alto, the opening of new markets around the world, and the recent acquisition of the Tesla Factory in Fremont, Tesla has added over 1,000 new jobs. We project the addition of another 1,000 in the coming year.