How Tesla EV's became a Reality

Thanks to Daimler's $50 million investment in 2009 and later government funding what was to become Tesla's Model S priced around $60,000 became a reality. Critics like to claim Tesla's success is due to huge government funding but Tesla never got TARP money. They never even applied for that government handout funding. 

Tesla did get a $465 million interest bearing government loan from the Department of Energy but so did Ford, Nissan, and Fisker Automotive. Tesla repaid that loan along with $12 million in interest four years before Nissan repaid their loan while Fisker went bankrupt and Ford has not yet repaid their loan.

People will try to smear Tesla any way they can.