Tesla Pays Off $1.4 Billion Loan in China Ahead of Schedule, US Headquarters to be Moved to Austin


Source: pandaily.com pandaily.com

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Twitter user “ JPR007 ” tweeted on October 4 that Tesla had repaid its loan in China in full. The user pointed out that Tesla’s balance sheet in the second quarter of 2021 no longer showed the loan of $1.4 billion USD or any part thereof and had been completely removed from the site. The removal of this line item means that all restrictions on Tesla related to these loans have ended. Tesla CEO Elon Musk subsequently commented on the news via his Twitter feed: “ Tesla always pays its debts ,” which indirectly confirmed the news. Tesla received this...