Tesla Motors Inc. increased its borrowing capacity under two credit agreements by about USD 500 million – two months after Chief Executive Officer Elon Musk tweeted that raising debt wouldn't "be necessary" before the end of the year.
Tesla, which last month acquired money-losing solar-roof installer SolarCity Corp. for USD 2 billion, boosted a credit line with Deutsche Bank AG by USD 200 million, according to a regulatory filing Tuesday. The company has the potential to add another USD 50 million to that agreement and increased a separate credit facility by another USD 300 million.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from EnergyWatch
Siemens Gamesa says "country-centric thinking" could stymie Asia-Pacific build-out
For investments to really flow toward the Asia-Pacific region, creating transnational supply chains must become easier, several wind players say.
Vattenfall exercises right to 1GW offshore wind farm, ejecting RWE
The Swedish utility exercises its right of entry to German offshore wind project N-7.2, an area for which RWE had won development rights.
”Very complicated” to dictate new benchmarks for gas
The EU Commission is working on a new benchmark for gas prices in Europe – perhaps even several. Gas expert agrees that having multiple benchmarks is a fine idea but questions whether such a move can be dictated top-down.
TotalEnergies raises state of alert in North Sea
In light of the current situation, the biggest oil operator in Denmark has increased surveillance of Danish assets.
EU Commission still has no roadmap for price ceiling
Ahead of Thursday’s long awaited meeting between EU’s energy ministers, the EU Commission still has yet to rubber-stamp any proposed solutions to the energy crisis. According to a commissioner, preparations are still underway for the meeting – and gas prices are in focus, according to documents leaked Wednesday.
Engineering Manager, Power-to-X 
Hydrogen Deal Structurer 
Strategic buyer for the acquisition of advisers and consultants 
Project manager for future energy production 
AgriFoodTure: Entrepreneurial and Innovative Mission Director 
Energy planner for the green conversion of the energy system 
Business Developer 
Legal Manager 
Do you want to make Denmark's largest energy and telecommunications group even greener? 
EPC Project Manager 
IT Specialist 
Director of VEKS 
HV Specialist for newly created position in green growth company