Tesla Inc. has lined up $30 billion of new loans and credit lines, as the electric-car maker dials up investments in artificial intelligence and robotics. The company said it has entered three credit agreements, including a $20 billion term loan that it can draw on later, an $8 billion line of credit for five years, and a $2 billion line of credit for one year.

The company doesn't currently plan to draw on any of the facilities this year, it said in a filing. The facilities replace a previous $5 billion of line of credit that was set to mature in January 2028. Citigroup is administrative agent for the new delayed-draw term loan, and Wells Fargo & Co. Inc. is administrative agent for the credit lines.

Tesla is significantly increasing capital spending to advance Chief Executive Officer Elon Musk's push to transform the maker of electric vehicles into a leader in humanoid robots and artificial intelligence. The company plans to spend more than $25 billion this year to expand its factory operations and its fleet of autonomous Cybercab robotaxis.