Tesla has finalized agreements for $30 billion in new credit facilities to support the production scaling of its upcoming hardware projects. The company intends to utilize these funds for the development of its Cybercab robotaxi, Optimus humanoid robot, and Tesla Semi electric truck.
The financing package includes a $20 billion three-year delayed-draw term loan provided by Citibank. Additionally, Wells Fargo has committed to an $8 billion five-year revolving credit facility and a separate $2 billion revolving credit facility with a 364-day term.
Despite securing these funds, Tesla stated in a regulatory filing that it does not intend to draw on these credit lines during 2026. The company previously projected capital expenditures of at least $25 billion for the current year.
As of the end of the second quarter, Tesla reported approximately $9 billion in debt. At that time, the company held cash and investment assets exceeding $40 billion. The firm is currently establishing dedicated manufacturing lines and factories for its new product lineup.
