It Looks Like Tesla Paid Off Its $1.4 Billion China Loan Agreement For Giga Shanghai Early

CleanTechnica
By Johnna CriderOct 5, 2021, 1:27 pm288 pts
In December 2019, Tesla was granted a $1.4 billion loan from Chinese banks for Giga Shanghai. The five-year loan was partially used to roll over previous debts. The rest of the money would go towards Giga Shanghai and Tesla China’s operations. The interest rate was pegged at 90% of China’s one-year…

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