Tesla signs $30 billion financing arrangement

Tesla has signed multiple financing arrangements, including a $20 billion three-year delayed draw term loan facility, an $8 billion five-year revolving credit facility, and a $2 billion 364-day revolving credit facility.

Tesla has terminated the original revolving credit agreement, and the new agreement allows for the issuance of letters of credit up to $500 million, with the revolving credit facility potentially increasing to $14 billion.