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Elon Musk Repaid Tesla’s $465M Loan Early—with a Thank You Note!

2025-04-17 13 Dailymotion

In 2013, Elon Musk and Tesla repaid a $465 million government loan nine years early, with penalties, and left a thank you note to American taxpayers. Initially received in 2010 to support EV innovation, Tesla became the first US automaker to fully repay an ATVM loan. Musk emphasized it was not just about the money but a statement of their commitment and ability. This act highlights Musk's dual roles as borrower and fiscal conservator.