Tesla secures $30B in new credit lines to scale Cybercab, Optimus

Tesla has secured $30 billion in fresh credit lines: a $20 billion three-year delayed-draw term loan from Citibank, an $8 billion five-year revolving facility from Wells Fargo, and a $2 billion 364-day revolver. The funds could help scale the Cybercab robotaxi, Optimus robot, and Tesla Semi; Tesla said it doesn't plan to draw on the facilities this year.

• Citibank agreed to a $20B three-year delayed-draw term loan
• Wells Fargo signed an $8B five-year and $2B 364-day revolver
• Tesla projects at least $25B in capex for 2026
• Tesla said it won't draw on the loans this year