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- 1Tesla secures $30 billion in credit lines●Tesla lines up $30 billion credit lines as capex, AI push accelerate
Tesla has arranged $30 billion in credit lines as the company ramps up capital spending and accelerates its artificial intelligence programs. The financing gives the electric car maker additional flexibility to fund factory expansion, new vehicle programs and its AI and computing ambitions. The move signals that Tesla is preparing for a heavy investment phase across its manufacturing and technology operations.