Federal loan

Tesla roadster

Tesla Motors Touts Fremont Job Creation From Federal Loan

The Tesla Motors plant sits ready and waiting for new workers to fill its assembly lines, thanks to a nearly have a billion dollar loan from the U.S. Department of Energy. The car maker said Tuesday that it planned to hire about 400 people.


Solyndra Headquarters in Fremont (Solyndra Inc.)

Solyndra House Hearing Turns Into a Partisan Skirmish

A Friday House hearing into bankrupt solar panel maker Solyndra and its half a billion dollar federal loan guarantee turned into a tense partisan skirmish.


Solyndra Headquarters in Fremont (Solyndra Inc.)

Emails Show Obama Fundraiser Pushed Solyndra Loan

An Energy Department adviser and former fundraiser for President Barack Obama pushed for Solyndra to receive a half-billion federal loan, despite pledging to recuse himself because his wife’s law firm represented the company.


(L-R) Chris Gronet lead U.S. President Barack Obama and Ben Bierman on a tour of  Solyndra (Paul Chinn-Pool/Getty Images)

President Obama Defends Solyndra Loan, Remains Committed To Green Energy

President Obama made his staunchest defense yet of the failed half-billion dollar federal loan to now-bankrupt Solyndra at a Thursday news conference.



Obama Administration Reaches Out To Entrepreneurs In Silicon Valley

The Obama administration wants to make it easier for Asian Americans to start companies and hire workers, Commerce Secretary Gary Locke said Friday.