338
125 shares, 338 points

Giant electric vehicle manufacturer Tesla received credit support from the United States Dollar Series Energy for its production operations. However, he was penalized for paying early , not for not repaying the loan as we are used to in normal exchanges.

The automaker paid off its $465 million loan from the US Energy Department nine years nine years before the contract date . The pioneer of the industry, Tesla, paid the loan debt that was due in 2030, and received an “early repayment penalty” .

Tesla receives “early repayment penalty”

Company CEO Elon Musk, credit received decided to pay early on the grounds that it lost its value due to the difficult conditions determined by the state . Elon Musk’s explanation of the subject; He did so via Twitter, following news from Germany that Tesla would not receive government support to build the 4680 battery manufacturing and recycling facility at the Berlin Gigafactory .

Company founder Musk, “ We learned our lesson from the US Energy Finance loan in 2010/2011. The heavy chardollarsar determined by the US government exceeds the value of the money received . That’s why we paid the loan we got so early despite the early payment penalty . It is thought that the bureaucratic problems that Elon Musk faced in the USA had an effect on his refusal to receive funding from the European Union due to his words ” We learned our lesson from the US Energy Power loan” .


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