S & P sets Tesla's credit rating to B-

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in hardware on (#3N1)
The upcoming car manufacturer received an unsolicited B- credit rating from Standard & Poor due to "considerable uncertainty" about its long-term prospects. The rating, six levels below investment grade, was derived independently of Tesla and comes after over $2.3 billion was successfully raised by the company in March to fund a new battery factory.

Shares in Tesla have risen 41 percent this year.

Re: Other Car Companies? (Score: 5, Insightful)

by skarjak@pipedot.org on 2014-05-28 16:46 (#1Y6)

Given the way the auto industry has been trying to use the law to slow down Tesla and spreading a whole lot of FUD about it, at this point I'd say "it's a conspiracy!" is actually a very reasonable reaction when stuff goes wrong for them.
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