Tesla secures $30B in new credit facilities to fund massive AI and robotaxi push

Tesla is taking on up to $30 billion in new borrowing capacity through a combination of loans and revolving credit facilities, marking a strategic pivot for a company that spent years paying down debt and building cash reserves. The move, announced during Tesla’s Q2 2026 earnings call, is designed to bankroll a capital expenditure spree projected to exceed $25 billion this year. That figure represents more than triple what the company spent in the prior year, with the bulk flowing toward AI compute infrastructure, robotaxi fleet expansion, and semiconductor manufacturing. The numbers behind the debt strategy Tesla’s decision to tap credit markets comes at an interesting moment. Q2 2026 marked the company’s first negative free cash flow quarter in over two years, with a loss of $1.092 billion driven largely by capital expenditures that more than doubled year-over-year to $5.789 billion. On the revenue side, Q2 deliveries hit a record 480,126 vehicles, up 25% from the same quarter last year, while revenue came in at $28.236 billion, a 26% year-over-year jump. As of June 30, 2026, Tesla was sitting on $43.5 billion in cash, cash equivalents, and short-term investments. It also had a $...