Tesla and its subsidiary Tesla Motors Netherlands entered into the sixth amendment to its ABL credit agreement dated June 10, 2015 with Deutsche Bank New York Branch as administrative agent and collateral agent.

According to a related 8-K filing, the amendment increased the revolving commitments by $625 million, thereby increasing the total revolving commitments from $1.2 billion to $1.825 billion, and also amended the agreement to permit Tesla to obtain up to $175 million of additional incremental commitments for potential total revolving commitments of up to $2 billion, subject to terms and conditions.