Tesla Is First Green Tech Company to Pay Back Its Department of Energy Loan

AP

Tesla no longer owns the federal government a dime. On Wednesday the company announced it had repaid the outsanding balance of $451.8 million, with interest,  on its 2009 Advanced Technology Vehicle Manufacturing loan from the Department of Defense. That means taxpayers earned a very, very small $12 million profit on the loan.

By Heather Horn

Aug 13, 2010

GM Swaps CEOs After Stellar Second Quarter

Outgoing Chairman Whitacre said he would leave, but few expected it so soon

Comments

By Heather Horn

Aug 13, 2010

German Economy Surges Ahead With Most Growth in Decades

Second-quarter GDP figures saw the biggest leap since reunification

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By Heather Horn

Aug 12, 2010

For College Graduates, Does the Recession Not Exist?

So that's why DC doesn't care for a second stimulus

Comments | 933 Views

By Heather Horn

Aug 12, 2010

GM Has Great Quarter, Prepares to Go Public

Not bad for a company previously running on bailouts

Comments | 123 Views

By John Hudson

Aug 11, 2010

Fed Move Startles, Worries Economists

Hints the central bank fears a double-dip recession

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By Heather Horn

Aug 11, 2010

How the Recession Helps the Employed

While the jobless fall further behind

Comments | 40 Views

By Michael Kinsley

Aug 10, 2010

Editor at Large

It Is to Laff

Art Laffer, inventor of the world's most destructive geometric shape, is still performing old party tricks

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By Erik Hayden

Aug 9, 2010

Executive: Why I'm Not Hiring New Workers

Blame the government

Comments | 345 Views

By Heather Horn

Aug 9, 2010

Robert Rubin Against Second Stimulus

The former Treasury secretary makes a splash with Sunday comments

Comments | 10 Views

By Benjamin F. Carlson

Aug 7, 2010

Quote of the Day: How the Wealthy Got That Way

Hint: it's not by aiming straight for the money

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By Heather Horn

Aug 6, 2010

The Backlash Against the Billionaires' Pledge

Are Bill Gates and Warren Buffett the new robber barons?

Comments | 172 Views

By Max Fisher

Aug 5, 2010

By Ray Gustini

Aug 4, 2010

Lunchtime Vid: Barney Frank and Colbert Talk Financial Reforms

Learn more than you cared to know about the Founding Fathers

Comments | 12 Views

By Erik Hayden

Aug 4, 2010

How Recession-Proof Is Texas?

Or is the bullish outlook a myth?

Comments | 242 Views

By Heather Horn

Aug 4, 2010

Is There Hope for Barnes & Noble?

America's largest brick-and-mortar bookseller goes up for sale

Comments | 345 Views

By Ray Gustini

Aug 3, 2010

Happy Hour Vid: CNBC Host Berates Old Boss

Kudlow and Stockman, two former Reagan staffers, square off over renewing the Bush tax cuts

Comments | 9 Views

By Heather Horn

Aug 3, 2010

Op-Ed Spotlight: Tim Geithner Hails 'the Recovery'

The treasury secretary finds signs of life

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By John Hudson

Aug 2, 2010

Chevy Volt: Foolish Government Project?

The electric car continues to polarize

Comments | 42 Views

By John Hudson

Aug 2, 2010

AT&T and Verizon's Smartphone Swipe System: A Threat to Visa and Mastercard?

A new partnership threatens the credit card cartel

Comments | 517 Views

By John Hudson

Jul 30, 2010

Did Obama Save Detroit?

Assessing the auto bailout one year later

Comments | 179 Views

By Heather Horn

Jul 30, 2010

U.S. Growth Slows

Analysts dissect the new report out of the Commerce Department

Comments | 48 Views

By John Hudson

Jul 30, 2010

By Erik Hayden

Jul 29, 2010

Do Credit Cards Siphon Money From the Poor to Rich?

A revealing portrait of the "reverse Robin Hood" problem

Comments | 89 Views

By Heather Horn

Jul 27, 2010

The Conservative Case Against Climate Legislation

Ross Douthat advances it, liberals offer rebuttals, engaging debate ensues

Comments | 172 Views

By John Hudson

Jul 27, 2010

At $41,000, Is the Chevy Volt a Good Deal?

Weighing the cost of going electric

Comments | 496 Views

By Erik Hayden

Jul 27, 2010

Are Non-Profit CEO Salaries Too High?

Lawmakers move to cut pay, bloggers question their motives

Comments | 1,115 Views

By Heather Horn

Jul 27, 2010

BP's New Chief Executive Greeted Warily

Will Robert Dudley be able to reverse the oil giant's fortunes and repair its public image?

Comments

By Max Fisher

Jul 26, 2010

By Heather Horn

Jul 26, 2010

Predictions as Hayward and BP Part Ways

The chief executive is expected to be out by tomorrow

Comments | 12 Views

By Max Fisher

Jul 23, 2010

How Ford Got Back to Profitability

Lessons for Detroit

Comments | 41 Views

By Ray Gustini

Jul 23, 2010

The Dark Side of the European Stress Tests

Unexpectedly good news on the state of European banks--but analysts urge caution

Comments | 264 Views

By John Hudson

Jul 23, 2010

Why Dell Will Pay the SEC a $100M Fine

Why? The computer manufacturer makes amends for accounting fraud

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By Heather Horn

Jul 23, 2010

BP Braces for Lawsuits

How much will they cost? And is BP buying scientists' silence?

Comments | 12 Views

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