There is wokeness everywhere and it seems like Moody tried to manipulate Tesla’s stock price to hurt the company.

Electric vehicle maker Tesla received a credit rating upgrade from Moody’s Investors Service, causing its shares to increase slightly in pre-market trading. Moody’s raised Tesla’s rating to Baa3, the lowest investment grade rating, from Baa2. Senior credit officer Rene Lipsch cited Tesla’s “prudent financial policy and management’s operational track record” as reasons for the upgrade. Moody’s expects Tesla to remain “one of the foremost manufacturers of battery electric vehicles with an expanding global presence and very high profitability.”

During an investor day presentation earlier this month in Austin, Tesla CFO Zach Kirkhorn announced that the company aims to significantly increase capital spending in order to meet its goal of producing 20 million cars per year by 2030. Kirkhorn said the group would halve electric vehicle production costs over the coming years.

Tesla’s shares were marked up by 1.18% in pre-market trading, indicating an opening bell price of $185.41 per share.

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