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: Waa waa (Score: 0)

by spacebar@pipedot.org on 2014-05-29 20:07 (#1YV)

I've heard some competent economists say that Tesla's been fudging their books, which would make this much less about credit rating ego and more Elon Musk's.
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