The electric car maker said it has also signed agreements for an unsecured revolving loan facility of up to 2.25 billion yuan, adding that both the loans will be used for its Shanghai car plant.
China Construction Bank Corp, Agricultural Bank of China, Shanghai Pudong Development Bank and Industrial and Commercial Bank of
China are the lenders, according to the filing.
The factory, which is Tesla's first car manufacturing site outside the
United States, is the centerpiece of its ambitions to boost sales in the world's biggest auto market and avoid higher import
tariffs imposed on U.S.-made cars.