Tesla has secured $30 billion in new credit lines to help fund production of the Cybercab robotaxi, the Optimus humanoid robot, and the Tesla Semi.
The company disclosed the agreements in a regulatory filing Tuesday. Citibank agreed to a $20 billion delayed-draw term loan facility with a three-year term. Wells Fargo signed on for an $8 billion five-year revolving credit facility and a separate $2 billion revolving facility with a 364-day term.
Tesla said it does not plan to draw on any of the facilities this year. The filing did not specify how or when the company intends to use the money.
The credit arrives as Tesla moves to scale three products that each require new manufacturing capacity. The company has taken the dedicated-factory approach for the Semi and Optimus, building out separate plants rather than folding production into existing lines.
The spending is significant. Tesla has already projected at least $25 billion in capital expenditures for 2026. The company closed the second quarter of this year with roughly $9 billion in debt and more than $40 billion in cash and investments.
That cash position means the new credit lines are not an emergency measure. Instead, they give Tesla flexibility to fund factory construction and tooling without drawing down its reserves or returning to equity markets.
The Cybercab is central to Tesla's robotaxi ambitions. The two-seat vehicle, which the company has said will be built without a steering wheel or pedals, is designed for autonomous ride-hailing. Tesla has not announced a firm production date.
Optimus, the company's humanoid robot, has been shown in prototype form at Tesla events. Chief executive Elon Musk has described it as a long-term bet that could eventually outsell the car business. The Semi, a heavy-duty electric truck, has been in limited pilot production with early customers including PepsiCo.
Building all three at once puts pressure on Tesla's balance sheet even with its cash pile. New assembly lines for low-volume products like the Semi and Optimus carry fixed costs that only pay off if production scales.
The loan terms also give Tesla room to walk away. A delayed-draw facility lets the borrower take money in stages rather than all at once, and revolving lines can be borrowed against and repaid as needed. That structure limits interest costs if Tesla's timelines slip.
Tesla shares have swung widely this year on robotaxi news and slipping vehicle deliveries. The company has not said whether the new credit lines will be discussed on its next earnings call.
