Tesla says as part of expansion of production at gigafactory shanghai, unit entered working capital loan contract

Tesla - on may 7. as part of expansion of production at gigafactory shanghai, unit entered into a working capital loan contract.tesla - under 2020 working capital facility, tesla shanghai may draw funds from time to time on an unsecured revolving facility of up to rmb 4.0 billion.tesla inc - 2020 working capital facility will terminate and all outstanding loans will mature on first anniversary of first borrowing under loan.tesla inc - proceeds of loans may be used only for expenditures related to production at gigafactory shanghai.tesla inc - 2020 working capital facility is non-recourse to tesla or its assets.
TSLA Ratings Summary
TSLA Quant Ranking