🚖Tesla using its Fremont, California, car factory as collateral
Tesla has changed the terms of its borrowing agreement with banks to allow it to pledge its Fremont auto plant as collateral — a move seen by some analysts as an effort to boost liquidity.
Tesla previously pledged accounts receivables, inventory, and equipment as collateral for the credit facility, which was signed by a group of nine lenders led by Deutsche Bank.
Autoblog
https://www.autoblog.com/2018/05/08/tesla-car-factory-collateral/