GoKawiilTesla lines up $30B in credit facilities from Citibank and Wells Fargo
Tesla announced new financing arrangements totaling $30 billion: a $20 billion three-year delayed-draw term loan from Citibank, plus an $8 billion five-year revolving credit facility and a $2 billion 364-day revolving facility from Wells Fargo. In a regulatory filing, Tesla said it does not intend to draw on these facilities during 2025, and the company already projects at least $25 billion in capital expenditures for 2026.