Tesla financing agreement

In the morning of October 3rd, according to foreign media, Tesla signed a financing agreement with China Merchants Bank. The agreement contained an unsecured 12 month revolving loan of up to 5 billion yuan.
As early as March this year, Tesla said it had signed a 12 month financing agreement with Chinese banks, with a scale of up to 3 billion 500 million yuan (about 521 million US dollars), which was used to build a super factory in Gigafactory.
The company has also received new loan commitments from several banks that can be used to invest in places such as the United States.