After a meeting with City minister Lord Myners, officials from the charitable sector said they were "hopeful" that organisations would get all their money back but expressed disappointment they had not been given an absoluteguarantee.
Not only is Tesla guaranteeing that resale value, but Tesla CEO Elon Musk is personally standing behind that guarantee to give customers absolute peace of mind about the value of the asset they are purchasing.
As such an absolute taxpayer-underwritten arrangement is now effectively required for the Soviet market, COFACE's decision to guarantee no more than 90 percent of the transaction amount will most likely result in the project's collapse.