Tesla (TSLA) is about to earn its ‘blue chip’ status and climb out of the ‘junk bond’ dumpster
August 4, 2022
Tesla (TSLA) is expected to be about to finally get rid of its “junk bond” rating and become a “blue chip” – something somewhat overdue for the sixth most valuable company in the world.
Despite delivering profits for more than two years straight and building a cash position of over $18 billion while sitting on very little debt, Tesla is still rated as a “junk bond” by rating…