© 2026 WMRA and WEMC
NPR News & NPR Talk 90.7 Central Shenandoah Valley - 103.5 Charlottesville - 89.9 Lexington - 94.5 Winchester - 91.3 Farmville
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Tesla Proves Critics Wrong

DAVID GREENE, HOST:

NPR's business news begins with a big payback to the Fed.

(SOUNDBITE OF MUSIC)

GREENE: Three years ago President Obama's green energy loan program gave a $455 million federal loan to electric carmaker Tesla. Critics bashed the loan as risky. Yesterday, Tesla announced it had paid that loan back in full - and early. The company was one of five carmakers to get money into the program. Tesla was first to repay it. Transcript provided by NPR, Copyright NPR.