Tesla shares closed September 29 at $352.84 after a roughly 7% pullback from mid-September highs near $380, reflecting pressure from elevated capital expenditures and narrowing profitability as the company ramps AI infrastructure and robotaxi programs. The September 29 announcement of $30 billion in new credit facilities—including a $20 billion delayed-draw term loan—underscores the scale of planned 2026 capex exceeding $25 billion, with funds earmarked for compute, solar manufacturing, and semiconductor projects. This financing step, replacing prior facilities without immediate draws, signals management’s willingness to leverage balance-sheet capacity amid negative free-cash-flow prints in recent quarters. With October 1 marking the next trading session, short-term price action will hinge on broader equity sentiment, options-driven flows, and any incremental updates on delivery trends or regulatory milestones for autonomy initiatives.