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Tesla Nabs $465M Government Loan To Build Model S

SignalFreq writes "Tesla Motors, based in San Carlos, California, was approved yesterday for $465M in loans from the Department of Energy's Advanced Technology Vehicles Manufacturing program. Tesla plans to use $365M of the money to finance a manufacturing facility for the Model S (review, Letterman video) and $100M for a powertrain manufacturing plant in the SF Bay Area. 'Tesla will use the ATVM loan precisely the way that Congress intended — as the capital needed to build sustainable transport,' said Tesla CEO and Product Architect Elon Musk. Tesla expects the Model S to ship in late 2011 and the base cost to be $57,400 ($49,900 after a federal tax credit). Ford received $5.9B and Nissan received $1.6B under the same program."

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  1. Re:More bullshit by tnk1 · · Score: 0, Redundant

    Your poster certainly does not have a liberal viewpoint, but his manner of making his point is tolerably civil and directly relates to the parent post's points. In other words, he's not being a Troll or Flaming anyone so why would he be modded down?

    Actually, if left of center people are modding him down, that would be abusive moderation, and I promise you, if I find anyone doing "disagree moderation" while I am meta-moderating, verily I shall smite them and they shall go "Ouch". I don't moderate that way when I get my points every few days, and neither should any other mod.

    You will note that there is no -1 Dsagree or -1 Strict Constructionist or -1 Right/Left-Wingnut. Some people use Overrated for that, but that's abusive as well. There's a reason for that. Read the moderation guidelines if you care to know what it is.

    That said, you do have a right to ignore him and there is a way to do that.

    Find the little graphic next to his Nick and UID and click on it. It looks like a clear circular button, at least initially. When you mouse over it, it says Alter Relationship.

    You will then get a new page that allows you to mark him as a "Foe" (or "Friend").

    Once you have made your selection, go into http://slashdot.org/my/comments and you can scroll down and there is a place where you can set a comment modifier level of a foe or friend or whoever. If you set it to -6, then you will never ever see that person no matter how high they are modded up (because the highest mod points is +5). So basically your Foe list becomes a ban list. Alternately, +6 means you see that person even if they are marked as a -1 Troll or whatever.

    Congratulations, you have now ignored the poster whose opinion you dislike.