WORLDTECH NEWS Global technology intelligence.Contact
โ† Back to WORLDTECH

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

Contemporary office setting with diverse employees working diligently at their cubicles.
Illustrative photo.Photo by cottonbro studio on PexelsTesla logo shown for identification only; no affiliation with or endorsement of WORLDTECH is implied.

What happened

The company says it won't draw on the new debt facilities this year, as it has already planned at least $25 billion in capital expenditures. Tesla is an automotive and solar company based in Palo Alto.

Sources & evidence