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.

Other Car Companies? (Score: 0)

by Anonymous Coward on 2014-05-28 11:25 (#1XW)

How does this compare to other car companies? Particularly, the credit rating itself, but also the collaborative (or not) process? Not that I suspect it's a conspiracy theory, but it wouldn't surprise me if S&P was pressured to say bad things about Tesla, so long as they could make it look reasonable.
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