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Tesla Motors may repay U.S. loan by Wednesday: CEO

CEO of Tesla Motors and SpaceX Musk speaks during a session titled “To Infinity and Beyond: Skoll talks with Elon And Kimbal Musk” at the Milken Institute Global Conference in Beverly Hills, California (Fred Prouser Reuters, / April 30, 2013)

(Reuters) – Tesla Motors Inc may repay its U.S. Department of Energy loan as early as Wednesday, Chief Executive Elon Musk said in a message on Twitter on Monday.

Musk, a billionaire who owns 27.5 percent of Tesla, added that the company would move another announcement about its charging station network to next week.

“Given govt loan repayment this week (prob Wed), Supercharger update will be next week,” Musk said in his post.


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