Key facts
- Tesla secured $30 billion in new credit facilities, including a $20 billion delayed draw term loan.
- The company expects full-year capital expenditures to exceed $25 billion.
- Investments will accelerate across robotaxi, Optimus humanoid robots, in-house chip fabrication, and AI compute infrastructure.
- Tesla also secured an $8 billion five-year revolving credit facility and a $2 billion 364-day revolving credit facility.
Tesla has entered into credit agreements totaling $30 billion, including a $20 billion delayed draw-term loan facility, according to a regulatory filing. The electric-vehicle maker is accelerating investments across multiple ventures, including its robotaxi service, Optimus humanoid robots, in-house chip fabrication, and AI compute infrastructure. The company expects its full-year capital expenditures to exceed $25 billion.
Tesla also secured an $8 billion five-year revolving credit facility and a $2 billion 364-day revolving credit facility. It replaced a $5 billion revolving credit facility due in January 2028, which had no outstanding borrowings. CEO Elon Musk stated at an event that SpaceX is aiming with Tesla to achieve 200 gigawatts of solar production annually.
Analysts expect Tesla to post negative free cash flow of $9.78 billion, according to data compiled by LSEG. Tesla said it had no borrowings outstanding under the new facilities as of September 29 and does not currently plan to draw on them in 2026.