By: Matthew Kerr, Quiver Data Analyst
Posted: a minute ago / Sept. 29, 2026 8:51 p.m. UTC
Tesla ($TSLA) entered into $30 billion of new senior unsecured credit facilities on September 29, according to an SEC filing. The financing includes a $20 billion delayed-draw term loan and $10 billion across two revolving facilities, although Tesla said it does not currently plan to draw on the facilities in 2026.
The package includes a $20 billion three-year delayed-draw term loan, an $8 billion five-year revolving facility and a $2 billion 364-day revolving facility.Tesla can draw the $20 billion term facility up to 10 times during the first 18 months, with outstanding loans maturing in September 2029.The company can potentially increase commitments under the two revolving facilities by another $4 billion, subject to certain conditions.No loans were outstanding under the new facilities as of September 29.Tesla simultaneously terminated its previous $5 billion revolving credit facility, which had no outstanding borrowings.
Relevant Companies
Tesla ($TSLA) – The new agreements provide substantially expanded access to corporate financing.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
About the Author
Matthew Kerr is a data analyst at Quiver Quantitative, with a focus on single-stock research and government datasets. Prior to joining Quiver, Matthew was an analyst intern at BlackRock.