Coming into the week,
Tesla
was a junk-rated credit at Moody’s, even though Tesla’s financial performance justified much better by Moody’s own calculations.
That changed Monday evening after Moody’s upgraded its rating on the electric-vehicle maker. Still, investors might wonder why the rating isn’t even higher. Elon Musk seems to be the reason.
Source: https://www.barrons.com/articles/moodys-tesla-debt-upgrade-credit-c250b595?siteid=yhoof2&yptr=yahoo