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"path": "/2026/04/23/tesla-tsla-maxes-out-5-8-billion-chinese-bank-debt-facility-10q/",
"publishedAt": "2026-04-23T22:47:13.000Z",
"site": "https://electrek.co",
"tags": [
"News",
"Tesla",
"crashed 16% year-over-year",
"more…"
],
"textContent": "Tesla has fully drawn down its China Working Capital Facility to $5.8 billion, according to its Q1 2026 10-Q filing — a 35% increase in a single quarter. The facility, which didn’t exist two years ago, now represents 64% of all Tesla’s non-recourse debt.\n\nThe company tapped every available dollar from the Chinese credit line while sitting on $44.7 billion in cash and short-term investments in the US — and while its retail sales in China crashed 16% year-over-year.\n\nmore…",
"title": "Tesla (TSLA) maxes out $5.8 billion Chinese bank debt facility as China sales crash"
}