Tesla Shanghai entered into a revolving loan agreement with a group of Chinese banks.
According to a related 8-K filing, Tesla entered into a fixed asset syndication loan agreement and a supplemental agreement with China Construction Bank, China (Shanghai) Pilot Free Trade Zone Special Area Branch, Agricultural Bank of China Shanghai Changning Sub-branch, Shanghai Pudong Development Bank Shanghai Branch, and Industrial and Commercial Bank of China Limited, China (Shanghai) Pilot Free Trade Zone Special Area Branch, as lenders.