Tesla has obtained $30 billion in new credit facilities from Citibank and Wells Fargo to support scaling production of its Cybercab robotaxi, Optimus robot, and Tesla Semi truck. The funds include a $20 billion three-year loan and $10 billion in revolving credit lines. Tesla does not plan to draw on these loans this year but aims to invest heavily in manufacturing new dedicated factories for these products. This financial move supports Tesla's projected $25 billion capital expenditure for 2026 and its ongoing innovation in electric and robotic transportation.
As of Sep 30, 2026 04:11 WIB, Tesla shares trade at USD 353.64 on Pluang, down 1.07% in the past day with a market cap of $1.41 trillion. Investor interest remains balanced with 56% buy and 44% sell orders, reflecting steady engagement despite the recent credit facility news. Tesla's enterprise value stands at $1.38 trillion, underscoring its significant scale in the consumer cyclical sector.
Tesla aims to produce 20,000 Optimus humanoid robots per week, but the intricate assembly of the robot's hand, which contains over 100 small parts and requires advanced dexterity, is causing significant production delays. Currently, Tesla produces se...
Tesla has postponed the unveiling of its redesigned second-generation Roadster from October 1 to October 15 because of severe weather predictions in Waco, Texas. The event must be held outdoors, partly due to the integration of SpaceX cold gas thrust...
Cantor Fitzgerald maintains an 'Overweight' rating on Tesla with a $485 price target, citing strong progress in Semi truck production and autonomous driving. Tesla is producing up to 1,000 Semi trucks weekly, though they remain a small part of total ...
Geely Holding Group has acquired a 30% stake in Nio Power, the battery swapping and charging unit of Nio, valuing the business at about RMB16 billion. This investment marks a significant external validation of Nio's battery swapping network, a key as...
Tesla's stock is predicted to rise about 7.7% over the next year, driven by its shift from car sales to autonomous driving and AI software revenue. The company reported strong revenue growth but missed earnings expectations and faces negative cash fl...
