On September 29, 2026, Tesla, Inc. (“Tesla”) entered into the following credit agreements:
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$20.0 billion senior unsecured three-year delayed draw term loan facility (the “Term Loan Facility”) pursuant to a Delayed Draw Term Loan Credit Agreement, dated as of September 29, 2026, by and among Tesla, as borrower, Citibank, N.A. (“Citi”), as administrative agent, and the lenders and other agents party thereto.
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$8.0 billion senior unsecured five-year revolving facility (the “Five-Year Revolving Facility”) pursuant to a Five-Year Revolving Credit Agreement, dated as of September 29, 2026, by and among Tesla, as borrower, Wells Fargo Bank, National Association (“WF Bank”), as administrative agent, and the lenders, issuing banks and other agents party thereto.
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$2.0 billion senior unsecured 364-day revolving credit facility (the “364-Day Revolving Facility”) pursuant to a 364-Day Revolving Credit Agreement, dated as of September 29, 2026, by and among Tesla, as borrower, WF Bank, as administrative agent, and the lenders and other agents party thereto.
The 364-Day Revolving Facility, together with the Five-Year Revolving Facility, are referred to herein as the “Revolving Facilities”, and the Revolving Facilities, together with the Term Loan Facility, are referred to herein as the “Facilities”.
Tesla said it does not plan to draw on these loan facilities in 2026. The company has projected at least $25 billion in capital expenditures for 2026.