Tesla takes on $30 billion in credit as it approaches unprofitability — SkimNews
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- Tesla opened $30 billion in lines of credit according to a regulatory filing made public today.
- The new borrowing comes as Tesla profits have dropped in recent years and the company guides for more spending in upcoming quarters.
Why it matters: Tesla is layering in $30 billion of fresh credit capacity precisely as profits decline and spending is set to rise — a defensive liquidity build, not a growth posture, that signals management is cushioning the balance sheet through an unprofitable stretch.
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