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October 10, 2012

Tesla scores $10M grant from CA for Model X

by Laura Domela

tesla-model-x1.jpeg

Electric car maker Tesla has scored a $10 million grant from the California Energy Commission to help it make its next-generation electric SUV/minivan the Model X, Forbes reports. The article says that Tesla will use the grant to hire another 700 workers in 2014, and Tesla will match the grant with $50 million of its own funds.
via GigaOM

tesla-model-x.jpeg

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More photos here via Motor Authority

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