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

Tesla has secured $30 billion in fresh credit lines that it could use to help scale the new products it is currently working on: the Cybercab robotaxi, Optimus robot, and Tesla Semi.

The company announced Tuesday that Citibank has agreed to a $20 billion three-year delayed-draw term loan facility. Wells Fargo also signed an $8 billion five-year revolving credit facility, and a $2 billion revolving credit facility with a 364-day term.

Tesla said in a regulatory filing that it doesn’t plan to draw on these loan facilities this year. The company has already projected that it will spend at least $25 billion on capital expenditures for 2026. Tesla finished the second quarter of this year with around $9 billion in debt and a pile of cash (and investments) north of $40 billion.

All three of these new products have required new manufacturing lines. In the case of the Semi and the Optimus robot, the company has taken the approach of building out new dedicated factories.

Get 50% off a second pass The Disrupt experience is meant to be shared. Get your pass and bring a colleague, partner, or peer at 50% off. Cover more ground by making connections, building momentum, and discovering what’s next in the startup ecosystem.

Every weekday and Sunday, you can get the best of TechCrunch’s coverage.

TechCrunch Mobility is your destination for transportation news and insight.

Startups are the core of TechCrunch, so get our best coverage delivered weekly.

Provides movers and shakers with the info they need to start their day.

By submitting your email, you agree to our Terms and Privacy Notice .

AI OpenAI’s latest features take direct aim at the app store model Sarah Perez

Startups More Ways to Disrupt: New 2026 Side Events from KOTRA, WayFounder, Enterprise Ireland, SafetyWing + Descope Jean Bradley

Fintech Apple Pay set to launch in India with Axis Bank today, sources say Jagmeet Singh

In Brief Tesla secures $30B in new credit lines as it looks to scale Cybercab, Optimus Sean O'Kane

Transportation Aurora CFO says 30,000 driverless trucks by 2030 isn’t as far-fetched as it sounds Kirsten Korosec

Transportation Tesla delays Roadster 2 event again due to bad weather Sean O'Kane