Tech article
Tesla secures $30B in new credit lines as it looks to scale Cybercab, Optimus
Publisher description: The company says it won't draw on the new debt facilities this year, as it has already planned at least $25 billion in capital expenditures.
TechCrunch | Sep 29, 2026 | Sean O'Kane
Automated excerpt
Tesla has secured $30 billion in fresh credit lines that it could use to help scale the new products it is currently working on: the Cybercab robotaxi, Optimus robot, and Tesla Semi. The company announced Tuesday that Citibank has agreed to a $20 billion three-year delayed-draw term loan facility. Wells Fargo also signed an $8 billion five-year revolving credit facility, and a $2 billion revolving credit facility with a 364-day term.
Selected automatically from source text; not independently written or fact-checked. Read the original for full context.