Tesla has obtained $30 billion in new credit facilities as the electric vehicle maker prepares to scale production of its upcoming Cybercab robotaxi, Optimus humanoid robot, and Tesla Semi truck. The company announced the agreements on Tuesday, signaling its intent to finance significant manufacturing expansion.
According to regulatory filings, Citibank has agreed to provide a $20 billion three-year delayed-draw term loan facility. Additionally, Wells Fargo committed to an $8 billion five-year revolving credit facility, alongside a separate $2 billion revolving credit facility with a 364-day term.
Despite securing these substantial borrowing capacities, Tesla stated it does not intend to draw on the new debt facilities in 2026. The automaker has already projected capital expenditures of at least $25 billion for the current year and entered the second quarter with approximately $9 billion in debt and over $40 billion in cash and investments.
All three targeted products require dedicated manufacturing infrastructure. Tesla has adopted a strategy of constructing new, specialized factories for the Semi and the Optimus robot, in addition to the facilities needed for the Cybercab rollout.
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