Tesla lines up $30 billion in new credit and kills its old revolver
Backup credit capacity nearly triples but stays undrawn; watch the upcoming 10-Q and any future draw.
Tesla signed three new credit agreements on September 29, giving it up to $14.0 billion of revolving capacity plus a $20.0 billion delayed draw term loan.
The package includes an $8.0 billion five-year revolver, a $2.0 billion 364-day revolver (together expandable by $4.0 billion) and the term loan, while the prior $5.0 billion revolver due January 2028 was terminated. The agreements require Tesla to keep at least $5.0 billion of consolidated liquidity.
No loans were outstanding as of September 29, and Tesla says it does not currently plan to draw in 2026; the agreements will be filed as exhibits to its 10-Q for the quarter ending September 30.
Sources:https://www.sec.gov/Archives/edgar/data/1318605/000162828026063820/tsla-20260929.htmhttps://www.defenseworld.net/2026/10/01/tesla-lines-up-new-credit-facilities-and-ends-old-revolver.html