Tesla secures $30 billion credit package to fund Cybercab, Optimus, and Semi scaling
AI Summary
Tesla has secured $30 billion in new credit facilities to finance the commercial scaling of its next-generation product pipeline, which includes the Cybercab autonomous robotaxi, the Optimus humanoid robot, and the Tesla Semi. Debt Structure and Financial Terms According to a regulatory filing disclosed on Tuesday, the $30 billion financing package is split across two major banking partners: Citibank Facility: A $20 billion, three-year delayed-draw term loan facility.
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