Tesla Secures $30 Billion in New Credit Facilities, Replacing Existing $5 Billion Revolver

Tesla disclosed in an SEC filing on September 29, 2026 that it has entered into $30 billion in new financing arrangements, a dramatic expansion of its available credit. The package consists of a $20 billion three-year delayed-draw term loan maturing September 29, 2029, an $8 billion five-year revolving credit facility that allows letters of credit up to $500 million, and a $2 billion 364-day revolving facility. Tesla simultaneously terminated its existing revolving credit agreement, which had been a $5 billion facility.

The company has the option to increase the revolving facilities by up to $4 billion, bringing the total revolving capacity to as much as $14 billion. Despite the scale of the new arrangements, Tesla said it does not currently plan to draw on any of the facilities in 2026, signaling the move is aimed at bolstering financial flexibility rather than meeting immediate funding needs.