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News November 3, 2022 0 comments on Polestar signs $1.6 billion loan deal to fund growth

Polestar signs $1.6 billion loan deal to fund growth

by Richard Walker

Polestar has announced it received a $1.6 billion loan from two major shareholders. The funding will go towards achieving its growth targets. The two shareholders are the parent company Volvo Cars and PSD Investment. Each […]

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Giga Shanghai
News April 29, 2021 0 comments on $614 million Giga Shanghai construction loan paid off by Tesla

$614 million Giga Shanghai construction loan paid off by Tesla

by Mike Flemming

Construction of Giga Shanghai began from an infamous mud pit in December 2018. To help get the factory up and running, Tesla received loans totalling $614 million USD ($756 million CAD). According to the automaker’s […]

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