Friday, October 12, 2012

Tesla gets $10 million grant from California to help with Model X production

Tesla gets $10 million grant from California to help with Model X production

Tesla's outspoken CEO, Elon Musk, said last week that he expects his company's financials to be somewhat satisfactory in the very near future, but that's not to say a $10 million grant wouldn't be welcomed with open arms. Thanks to the California Energy Commission, Tesla will have some extra cash to work with during the production phase of its upcoming electric SUV, otherwise more formally known as the Model X.

Engadget , Tesla gets $10 million grant from California to help with Model X production, Tesla gets $10 million grant from California to help with Model X production

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