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.
Originally reported by TechCrunch. Read the full story at the original source.
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