Tesla Motors, the startup electric car company, has requested $400 million in low or no-interest loans to help pay for two upcoming models, TechCrunch reports. That likely refers to the upcoming, lower-priced sedan as well as a third car in the distant future.

"Tesla has raised nearly $200 million in capital since 2004, including a recent $40 million convertible debt financing," the report said. "Prior to the debt round, Tesla unsuccessfully tried to raise $100 million in new capital." Still, you can't beat the irony of this particular announcement, given what the company's CEO just said the other day.