What are the covenants on the DOE loan facility granted to Tesla Motors?

Question by : What are the covenants on the DOE loan facility granted to Tesla Motors?
Tesla Motors received a ~400-500 mm loan facility from DOE but I was wondering if there are any strings attached? Are there any covenants? particularly requirements on Tesla’s’ operating performance? Thank you.

Best answer:

Answer by Aanya Verma
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