Moody's upgrades Tesla's rating to Ba1, says outlook positive

Technology
Tuesday, 25 Jan 2022
10:30 AM MYT

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FILE PHOTO: A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo

(Reuters) - Moody's upgraded Tesla Inc's debt rating by two notches to Ba1 from Ba3 on Monday, reflecting the ratings agency's expectations that Tesla will maintain its position as the leading manufacturer of battery electric vehicles.

Tesla will continue to increase its scale rapidly and improve its profitability notably, the rating agency added.

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HSI-CWEH	0.225	0.225	0.210	0.210	-0.015	-6.67	1,236,585
HSI-CWGA	0.120	0.120	0.100	0.105	-0.015	-12.50	712,237
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HSI-PWHB	0.085	0.090	0.085	0.085	0.000	0.00	444,509
TANCO	1.000	1.030	1.000	1.030	0.030	3.00	394,194
GAMUDA	4.750	4.790	4.720	4.770	0.030	0.63	279,786
HSI-CWC6	0.215	0.220	0.195	0.195	-0.020	-9.30	266,154
KPJ	2.780	2.810	2.750	2.750	-0.030	-1.08	252,777
SAG	0.695	0.720	0.685	0.710	0.010	1.43	228,050
YINSON	2.100	2.390	2.090	2.340	0.240	11.43	227,720
SEACERA	0.055	0.060	0.030	0.035	-0.030	-46.15	214,841
YTL	2.030	2.060	1.980	2.050	0.020	0.99	210,229

Moody's upgrades Tesla's rating to Ba1, says outlook positive