Tesla Secures $30 Billion in New Credit Lines to Fund AI, Solar and Chip Projects

In a regulatory filing, Tesla disclosed that it has secured $30 billion in credit agreements, highlighted by a $20 billion delayed-draw term loan, an $8 billion five-year revolving credit facility and a $2 billion short-term revolving line. The company also terminated a previously unused $5 billion revolving facility that was set to mature in January 2028. Tesla plans to allocate the bulk of its record 2026 capital expenditure—forecast at over $25 billion—toward AI compute hardware, new solar cell-manufacturing capacity and a semiconductor fabrication partnership with SpaceX, as well as other expansion projects.

CEO Elon Musk said the joint effort with SpaceX targets 200 GW of solar output per year. Financial analysts expect Tesla to post a free-cash-flow shortfall of roughly $9.78 billion for 2026. As of the filing date, no borrowings had been drawn from the new facilities, and the firm does not intend to tap them in 2026.