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News Link • Transportation

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

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After analyzing its potential for default, Standard & Poor, 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, as well as downgrading America’s credit rating on the heels of a manufactured debt showdown by the Republicans....

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