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The plan at Tesla Motors has always been to go beyond its first vehicle, the $100,000 electric Roadster, to make more-affordable electric cars--a plan that had come to depend on the startup receiving a hefty loan from the government. Today, the Department of Energy announced that it has approved that loan--in the amount of $465 million. The money could allow Tesla to bring its Model S electric sedan to market, as planned, by 2011.

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