Tesla Motors got a big helping hand with a $465 million government loan in 2009. Now that it's profitable, the company is moving fast to pay taxpayers back -- years ahead of schedule.
Tesla Motors (TSLA -5.59%) reported its first-ever quarterly profit earlier in May, and its share price soared. Now, Tesla is taking advantage in a good way, by selling more stock to pay back a controversial government loan years ahead of schedule.
In this video, Fool contributor John Rosevear looks at Tesla's plan to pay back taxpayers early -- and at what it says about Tesla's savvy management going forward.
Fool contributor John Rosevear has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Tesla Motors. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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