Federal loan?... what is Elon up to?

[LakeForest]

any one care to guess?

 

[AnOutsider]

I guess pay it off? Poor roadsters

 

[SteveG3]

Great question. Perhaps there will be a cash inflow from a new deal with a partner they can use to pay off a nice chunk of the loan. This would fit with Elon's cutting the payback time in half.

I was thinking this because of a recent Seeking Alpha article that speculated about a new deal with either Toyota or Daimler. (fwiw, the thesis of the article was that Tesla is on the verge of gaining a much stronger bargaining position for such a deal as of this summer. Daimler currently has the option Daimler to match terms of deals offered to Tesla, blocking the would be deal partner out. That option expires this summer.)