Tesla enters $20 billion delayed-draw term loan facility with Citibank-led lenders
TSLA•Tesla entered senior unsecured credit agreements totaling $30 billion on Sept. 29, 2026, including a $20 billion three-year delayed-draw term loan and $10 billion in revolving facilities. No loans were outstanding under the new facilities at signing.
1. Credit facilities
The agreements include an $8 billion five-year revolver and a $2 billion 364-day revolver. The new revolvers replace a $5 billion facility due in 2028, which was terminated with no borrowings outstanding or early termination penalties. The agreements require at least $5 billion of consolidated liquidity.
