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Tesla announced it has secured $30 billion in new credit facilities as it looks to scale production of its Cybercab robotaxi and Optimus humanoid robot programs. The company said it does not plan to draw on the new debt this year, noting it has already budgeted at least $25 billion in capital expenditures. The move signals Tesla is preparing substantial financial backing for its next-generation manufacturing ambitions even while holding the funds in reserve for now.
Sources:TechCrunch