Tesla Secures $30 Billion New Credit Facility, Accelerating Cybercab Autonomous Taxi and Optimus Mass Production
Tesla has finalized a $3 billion new credit facility, focusing on supporting the large-scale development and mass production of Cybercab autonomous taxis, Optimus humanoid robots, and Tesla Semi trucks. The financing is handled by several leading institutions: Citigroup provides a $2 billion three-year deferred draw term loan; Wells Fargo leads an $8 billion five-year revolving credit facility and a $2 billion 364-day revolving credit facility.
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