Submitted by nickjhowe on Wed, 2012-09-26 10:22
There may be a better article about it, but I saw the news here
They have waived the requirement to for the October $14m repayment, and moved from fixed repayments to "metrics based". Haven't found any details about the latter yet. Sounds like the government is throwing Tesla a big bone. The Solyndra-ites will be going crazy.
This is good news for Tesla in terms of keeping the company solvent, but I'm sure there's going to be huge negative press fallout.