Fitch Ratings has assigned Tesla its first investment-grade credit rating, classifying the company as BBB, a tier that reflects a moderate risk of default. This rating places Tesla one level below SpaceX, which holds a BB+ rating, signaling stronger financial stability in comparison. The move underscores Tesla’s improving creditworthiness amid its expansion in electric vehicles and energy solutions. Analysts suggest the upgrade could ease financing costs for the automaker as it scales production and ventures into new markets.
Fitch Gives Tesla First BBB Rating, One Notch Below SpaceX eletric-vehicles.com
