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Benzinga

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Shanthi Rexaline

Elon Musk Calls Out Moody's As 'Irrelevant' In Evaluating Tesla's Credit Rating

Elon Musk Moody Nasdaq Dave Lee

Tesla, Inc. (NASDAQ:TSLA) investors harbor a sense of disappointment over rating agencies giving junk status to their favorite company’s credit.

S&P currently rates Tesla a BB+, which is one step below investment grade. At Moody’s, Tesla, despite getting a two-notch upgrade in January, is still at Ba1, the highest among the junk ratings. The agency hinted at moving the company’s credit to investment grade as soon as early next year.

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Top stories on inkl right now

Trump's Medicaid cuts strip refugees and other legal immigrants of their health coverage

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FDA may allow some toxic chemicals to be added to food without safety review. Experts are alarmed

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Georgia power outage: Nearly 100,000 customers lose power as Hurricane Isaias sweeps across the state, bringing damaging winds and tornado threats

Georgia power outage: Nearly 100,000 customers lose power as Hurricane Isaias sweeps across the state, bringing damaging winds and tornado threats

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The Economic Times

‘People are pissed’: union decries TSA’s removal of chairs for checkpoint staff

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Top stories on inkl right now

Trump's Medicaid cuts strip refugees and other legal immigrants of their health coverage

Trump's Medicaid cuts strip refugees and other legal immigrants of their health coverage

The Trump administration has cut Medicaid coverage for hundreds of thousands of legal immigrants, including refugees and trafficking victims

The Independent UK

Six men on how they plan to stand up against rape culture

Six men on how they plan to stand up against rape culture

While most of the crowd at a Stop Sexual Violence rally in New York City was mostly women, men of all ages were in attendance too

The Guardian - US

Isaias slams Gulf Coast as hurricane with powerful winds and dangerous flooding

Isaias slams Gulf Coast as hurricane with powerful winds and dangerous flooding

GULF BREEZE, Fla. (AP) — Isaias crashed into the U.S. Gulf Coast on Friday as a dangerous Category 2 hurricane, hammering communities in Alabama and the Florida Panhandle with damaging winds, heavy rain, flooding and life-threatening storm surges.

The Independent UK

FDA may allow some toxic chemicals to be added to food without safety review. Experts are alarmed

FDA may allow some toxic chemicals to be added to food without safety review. Experts are alarmed

Regulator looks to expand loophole to allow dangerous compounds in food as long as they’re not carcinogenic

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Georgia power outage: Nearly 100,000 customers lose power as Hurricane Isaias sweeps across the state, bringing damaging winds and tornado threats

Georgia power outage: Nearly 100,000 customers lose power as Hurricane Isaias sweeps across the state, bringing damaging winds and tornado threats

Hurricane Isaias hit Florida hard, leaving many in Georgia without power as it wreaked havoc across the region. Over 100,000 residents statewide faced electricity outages, while counties experienced dangerous storm surges and flash flooding. In light of this crisis, Governor Brian Kemp issued a State of Emergency, aiming to streamline…

The Economic Times

‘People are pissed’: union decries TSA’s removal of chairs for checkpoint staff

‘People are pissed’: union decries TSA’s removal of chairs for checkpoint staff

Order for workers to remain standing to ‘reinforce professionalism’ draws rebuke amid plunging morale

The Guardian - US

Our Picks

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Geordie Greep denies sexual assault allegations from stage in Vancouver

While some heard the former Black Midi frontman out, others made for the exit as he addressed accusations

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A woman goes to pour Walmart chicken broth dated 2027, but something is clogging the spout: ‘What the heck is that?’

That’s not how broth pours.

We Got This Covered

A man buys three limited-edition BrüMate cups at Target after two failed trips, then says a woman stopped him on the way out and demanded them back

Didn't see that coming.

We Got This Covered

‘He was just a baby’: A cat owner says his hair-loss treatment cost him his 2-year-old cat, and he’s warning others about minoxidil

Should come with a warning label.

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A hospital worker’s $15.99 Goodwill find was identified as a Le Pho painting worth up to $80,000

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The Times of India

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