PALO ALTO, U.S. -- Tesla has entered into an agreement with a Chinese bank for an unsecured revolving-loan facility of up to 4 billion yuan ($565 million), according to a regulatory filing Friday.
Technology
Tesla secures $565m loan from Chinese bank for Shanghai plant
US electric-car maker still not cleared to reopen California factory
Tesla CEO Elon Musk speaks next to a screen showing an image of a Model 3 car at a ceremony held in Shanghai on Jan. 7. © Reuters
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