Tesla inches towards investment grade. What is an investment grade?
Tesla inches towards being investment grade ... allowing more investors, institutions and sovereign funds to consider investing due to the lower risks associated with the investment grade. Recent News: (Yahoo Finance 25 Jan 2022) Tesla, Inc. -- Moody's upgrades Tesla's corporate family rating to Ba1; outlook positive on (Bloomberg 26 Jan 2022) Tesla Inches Toward Blue-Chip Status via Moody’s Boost. The automaker now sits just one step below investment-grade. Debt could be lifted out of high yield within 18 months: BI (www.teslarati.com 22 Apr 2022) Tesla moves closer to ‘Investment Grade’ rating with S&P Global following Q1 showing. Its performance in Q1 has the S&P nearly ready to promote the company’s stock to an “Investment Grade” rating. In October, the organization upgraded Tesla to a BB+ rating, but as the industry continues to expand, the company holds a competitive advantage. Tesla will have to improve one level, from BB+ to BBB, to be ...