Tesla has secured $499 million through a recent sale of bonds backed by customer solar loans, furthering its commitment to asset-backed financing. The debt sale, which follows last month’s $783 million bond offering tied to vehicle leases, highlights growing market demand for Tesla's renewable energy financing.
Tesla Taps Debt Market for Solar Financing, Securing Investment-Grade Rating on $783 Million Sale
Tesla has completed another debt sale, this time supported by loans to clients who bought solar equipment from the business.
According to Bloomberg, Tesla sold $499 million in bonds backed by solar loans from its customers this week, following a $783 million debt sale of premium car leases last month. Deutsche Bank began marketing the five-tranche transaction on Monday, and it was finalized on November 1.
Because of the high credit scores of the people receiving the solar finance, Fitch Ratings assigned an investment-grade rating to all five tranches of the contract. Each tranche likewise had more orders than supplies, and the highest tranche had a coupon of 4.83 percent, according to those who knew the situation.
The sale gives Tesla access to liquid funds without having to take out new loans, and debt sales are becoming increasingly typical in various industries, such as the energy and automotive sectors. Additionally, Tesla has already sold bonds associated with its solar business, including several bond sales rounds following its 2016 acquisition of SolarCity.
Tesla Boosts Asset-Backed Financing Amid Record Solar Loan Sales, as Energy Division Hits 30.5% Q3 Margin
Compared to over $4 billion in 2023, Tesla has issued $2 billion in asset-backed financing this year. According to Bloomberg data, asset-backed securities across industries have reached $321 billion this year, indicating that the debt markets are also exploding. Two thousand twenty-four solar-related loan sales reached $5 billion, up from about $3.7 billion the previous year.
Last month, Tesla revealed its Q3 profits, showing $25.18 billion in revenue, of which $20.02 billion was from car sales. Additionally, the business recorded an operating cash flow of $6.3 billion, an EPS of $0.72, and $2.7 billion in GAAP operating income.
In line with Elon Musk's forecasts that Tesla Energy's sales growth would soon make it one of the company's highest-margin industries, the energy section of the business also posted a record gross margin of 30.5 percent in Q3.


China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand
xAI Cash Burn Highlights the High Cost of Competing in Generative AI
Sanofi Gains China Approval for Myqorzo and Redemplo, Strengthening Rare Disease Portfolio
China’s AI Sector Pushes to Close U.S. Tech Gap Amid Chipmaking Challenges
SK Hynix to Invest $13 Billion in Advanced Chip Packaging Plant as AI Memory Demand Surges
NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern
Amazon Reviews Supplier Costs as U.S.–China Tariffs Ease
BlueScope Steel Announces A$1 Special Dividend After Asset Sales
Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities
BESI Reports Strong Q4-25 Orders Surge Driven by Data Center and Hybrid Bonding Demand
TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates
Chevron Set to Expand Venezuela Operations as U.S. Signals Shift on Oil Sanctions
Samsung Forecasts Strong Q4 Profit on AI-Driven Memory Chip Boom
AFT Leaves X Over AI-Generated Images of Minors
OpenAI Sets $50 Billion Stock Grant Pool, Boosting Employee Equity and Valuation Outlook
U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China
Boeing Reaches Tentative Settlement With Canadian Victim’s Family in 737 MAX Crash Lawsuits 



