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

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in ask on (#39S)
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.

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2014-05-28 11:04
S & P sets Tesla's credit rating to B-
bryan@pipedot.org
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.
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