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

by
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: Huh? (Score: 2, Insightful)

by fatphil@pipedot.org on 2014-05-28 20:04 (#1Y9)

Not if it can be safely deflated using the mechanism of corrupt oligopolistic business practices.
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