Tesla Motors 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.
Near-faultless execution has led Tesla Motors to the brink of success, but the road ahead remains a hard one. Despite progress, a looming question remains: Will Tesla be able to fend off its big-name competitors? The Motley Fool answers this question and more in our most in-depth Tesla research available for smart investors like you. Thousands have already claimed their own premium ticker coverage, and you can gain instant access to your own by clicking here now.
The article Tesla to Pay Back Taxpayers Early originally appeared on Fool.com.Fool contributor John Rosevear has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Tesla Motors. Try any of our Foolish newsletter services free for 30 days. 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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