Tesla enters $30B credit agreements to fund expansion

[Tesla Supercharger Network] RoschetzkyIstockPhoto * Tesla (TSLA [https://seekingalpha.com/symbol/TSLA]) has entered into credit agreements totaling $30B, including a $20B delayed draw-term loan facility, the company said in a regulatory filing [https://seekingalpha.com/filing/310120215]on Tuesday. * The company expects to allocate much of its record spending this year to AI computing infrastructure, solar cell manufacturing capacity, a semiconductor fabrication project with SpaceX (SPCX [https://seekingalpha.com/symbol/SPCX]), and other expansion initiatives. * The ​electric-vehicle maker also secured an $8B five-year revolving ​credit facility and a $2B 364-day revolving credit facility.