Tesla has been officially upgraded to investment grade long-term credit rating by S&P Global Ratings 📈
The rating company wrote about Tesla in its explanation for the upgrade:
“We now view Tesla’s credit profile more favorably because it continues to demonstrate market leadership in electric vehicles (EVs), with solid manufacturing efficiency that supports strong EBITDA margins and sustained positive free operating cash flow (FOCF), above our previously established upside triggers.”
S&P Global Ratings admitted that Tesla has surpassed its expectations on many metrics.
What are your thoughts? Are you holding
#TSLA for the long term?
More details at
Electrek.co. Link in our IG Story.
#Tesla #EV #Tech #TeslaEnergy #TeslaMotors #ElonMusk #TeslaCars #Cybertruck #TeslaRoadster #ElectricVehicle #TeslaModel3 #Supercharger #TeslaStock #Electrek