Tesla Secures $30 Billion in Credit Facilities to Support Capex and AI Initiatives

Tesla has entered into credit agreements totaling $30 billion, according to SEC regulatory filings disclosed on Tuesday. The package comprises a $20 billion, three-year delayed-draw term loan facility arranged with Citibank, alongside an $8 billion five-year revolver and a $2 billion 364-day revolving line arranged with Wells Fargo. The new facilities replace an undrawn $5 billion revolving credit line that was set to mature in 2028. Tesla stated it has no borrowings drawn against the facilities and does not intend to tap them during 2026, when it expects capex to exceed $25 billion.