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30 March 2018 | 3002 views | 0 | Recommends 0
Tesla took a knock this week, with drops in stock and bond prices. The company’s bonds were downgraded on Tuesday to B3 (very high credit risk) and it’s been put on negative watch by Moody’s. It’s pretty unusual for a company with junk-rated debt to have a market cap of $50bn. But this is a company which, while it’s managed to send a car on an orb...