Thursday 29 May 2014

Tesla Gets Junk Credit Rating, Loses Zero Sleep

For a piece of junk, Tesla looks pretty good. The electric-car company earned a B- grade from Standard & Poor’s this week, which in Wall Street-speak is a “junk” rating that signals significant problems with a company’s books. Analysts from the world’s biggest credit rater said Tesla’s future had “considerable uncertainty” and its business was […]



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