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Tesla Debt Upgraded By 2 Slabs At Moody’s: Why The Rating Firm Is Bullish On The EV Maker

Tesla Debt Upgraded By 2 Slabs At Moody's: Why The Rating Firm Is Bullish On The EV Maker

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Credit ratings agency Moody’s on Tuesday raised Tesla Inc’s (NASDAQ:TSLA) debt rating by two slabs, to Ba1 from Ba3, and said the Elon Musk-led company is on track to maintain its dominant position in the electric vehicle space. What Happened: The latest upgrade comes nearly a year after the last change and lifts Tesla’s debt rating to one level below investment grade.

...read full article on Benzinga

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