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Rachit Vats

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

Tesla Inc. Moody Elon Musk

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.

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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

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