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Moody’s upgrades Tesla credit rating

Moody’s upgrades Tesla credit rating

Moody’s just upgraded Tesla’s credit rating from negative to stable. They also upgraded their Speculative Grade Liquidity (SGL) rating from "weak" to "adequate." The upgrade is based on improved efficiencies in Model 3 manufacturing and expected increases in regulatory credits.

https://www.teslarati.com/tesla-tsla-moodys-upgrade-model-3-efficiencies/

When Moody’s downgraded Tesla in March of 2018 it was significant fodder for the bears, who predicted a further slide to a C rating, then bankwupt. “The wheels are falling off,” IIRC. The downgrade made it harder for Tesla to borrow. For whatever reason, the upgrade isn’t getting as much ink... wonder why?