secwatch.observer — SEC 8-K summary
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Issuer:     Tesla, Inc. (TSLA)
CIK:        0001318605
Form:       8-K
Filed at:   2026-09-29T20:38:50+00:00
Accession:  0001628280-26-063820
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Tesla signs $30B credit facilities ($20B term loan, $8B revolver, $2B 364-day); replaces $5B 2023 revolver
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- Tesla entered a $20.0B senior unsecured three-year delayed draw term loan (Citi as agent) and $8.0B five-year plus $2.0B 364-day revolvers (Wells Fargo as agent), dated September 29, 2026.
- Term loan matures September 29, 2029; five-year revolver terminates September 29, 2031; 364-day revolver matures September 28, 2027 with a term-out option extending it one year.
- Undrawn term loan commitments step down to $10.0B at the first anniversary and $5.0B at 15 months, terminating at 18 months; Tesla may draw up to ten times in that window.
- Credit Agreements require at least $5.0B consolidated liquidity; revolver commitments may be upsized by $4.0B, to $14.0B aggregate; Tesla does not plan to draw in 2026.
- Tesla terminated its $5.0B January 2023 revolver (was to mature January 2028) with no borrowings outstanding and no early termination penalties; no loans outstanding on the new facilities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1318605/000162828026063820/0001628280-26-063820-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1318605/000162828026063820/tsla-20260929.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-063820

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