Tesla Secures $30B in Fresh Credit Lines to Scale Cybercab and Optimus Production

Tesla has secured a combined $30B in new credit lines from Citibank and Wells Fargo to fund the expansion of its next-generation manufacturing facilities. The company forecasts capital expenditures will exceed $25B this year, a massive jump from just over $8.5B last year. The financing breaks down into a $20B delayed-draw term loan from Citibank and $10B in revolving facilities from Wells Fargo. This capital injection is specifically targeted at building new production lines for the Cybercab and the heavy-duty Semi. It will also underwrite factory retooling to create manufacturing space for the Optimus humanoid robot. In its regulatory filing, the automaker noted it does not plan to draw from any of these specific loans in 2026.