Tesla stock assigned ‘junk’ credit rating by Standard & Poor’s

By Gas 2.0
Friday, May 30, 2014 5:38 EDT
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A Tesla car on an assembly line at the factory in Tilburg (AFP)
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Tesla Stock Assigned “Junk” Status By Standard & Poor (via Gas 2.0)

After analyzing its potential for default, Standard & Poor’s, has designated Tesla stock as a B-, or “junk” rating. That’s the same S&P  that assigned “AAA” credit ratings to bundles of sub-prime loans that helped crater the economy in 2008…

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