The new facilities include a cap on letters of credit of $500 million for the five-year revolving line. Tesla also maintains the option to increase its total revolving credit agreements by up to $4 billion, which would bring the total capacity of those specific facilities to $14 billion.
Wednesday, October 21, 2026
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Tesla Secures $30B in New Credit Facilities
Business21 days ago
A delayed-draw term loan of $20 billion maturing in September 2029 is the primary component of a new borrowing package established on Sept. 29, 2026. Tesla also entered into an $8 billion five-year revolving facility and a $2 billion 364-day revolver, totaling $30 billion in new financing, according to an SEC filing. The automaker terminated its previous revolving credit agreement on the same day.
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