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Tesla Lines Up $30 Billion in Credit Lines

Original: tesla

Tesla has secured roughly $30 billion in credit lines, according to US News Money, as the company increases capital spending and pushes forward with its robotaxi program. The financing gives Tesla additional flexibility for its expanding investments in manufacturing and autonomous driving, and observers are watching how the company deploys the funds.

Why now: Tesla's large new credit lines signal a major acceleration in spending on capex and its robotaxi ambitions.

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