Tesla secures $30 billion credit package for product scaling

Tesla has secured $30 billion in new credit facilities to finance the commercial scaling of its next-generation product pipeline, including the Cybercab autonomous robotaxi, the Optimus humanoid robot, and the Tesla Semi.

The financing is split between two major banking partners. Citibank has provided a $20 billion, three-year delayed-draw term loan facility maturing in September 2029. Wells Fargo has provided a dual-part arrangement consisting of an $8 billion, five-year revolving credit facility maturing in 2031 and a $2 billion, 364-day revolving credit facility maturing in 2027. Tesla indicated in regulatory filings that it does not intend to draw down on these fresh credit lines during the current calendar year.

The capital is intended to support the intense manufacturing requirements of these non-traditional products. This includes building bespoke factory layouts, such as the Tesla Semi production facility in Nevada and specialized lines for the Cybercab at Gigafactory Texas. The expansion follows Tesla's projection of at least $25 billion in capital expenditures for 2026.