Tesla move puts takeover closer
Loan paid, but carmaker’s CEO says deal still distant
Posted: June 25, 2013 at 3:17 a.m.
Tesla Motors Inc., a long speculated takeover target, just removed a barrier to a deal by paying off a U.S. government loan. The problem for would-be suitors is it has also become the world’s most expensive car maker.
This story is only available from our archives.
Business, Pages 21 on 06/25/2013