Tesla Motors CEO Elon Musk spoke in an interview with Bloomberg TV on Thursday where he discussed returning the loan to the U.S. Department of Energy 9 years ahead of schedule with interest. U.S. taxpayers have also made a $20 million profit off of Tesla.
The loan that was given to Tesla was a major focus in Mitt Romney’s campaign for President. Romney bashed the Obama administration for the loan throughout his campaign. The Bloomberg TV video below shows a clip about Romney discussing the negative aspects of the loan.
Fisker Automotive took a similar loan from the Obama administration, but now there are talks that Fisker may have to shed their assets for $20 million and file for bankruptcy. Fisker still owes the government $171 million.
Check out the video of the interview below: