Tesla has signed $30 billion in new credit facilities, according to a securities filing on Tuesday, as it works to scale production of the Cybercab robotaxi and the Optimus humanoid robot.
The package has three parts: a $20 billion three-year delayed-draw term loan with Citibank as administrative agent, and an $8 billion five-year revolver and a $2 billion 364-day revolver, both led by Wells Fargo. Tesla had borrowed nothing under any of its facilities as of 29 September and said it does not plan to draw on the new ones this year.
It hardly needs to. The company had roughly $40 billion in cash and investments and about $9 billion of debt at the end of the second quarter, TechCrunch reported, and has budgeted at least $25 billion in capital spending for 2026. Much of that spending is going into new products. Tesla is building dedicated factories for Optimus and the Semi truck.
The link between the loans and the robots comes from coverage rather than from Tesla. The filing does not mention Cybercab, Optimus, artificial intelligence or robotics, and says the money may be used for general corporate purposes.
That is standard wording, and general purposes would easily cover a robot factory. But a $30 billion standby line is also what a company arranges when it expects its spending to outrun its cash.
Tesla gave no production targets for Optimus or the Cybercab alongside the deal. For now the size of the credit line is the clearest number anyone has for what those bets might cost.
