Tesla's creditworthiness still 'strained,' Moody's says

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Tesla Inc.'s creditworthiness still faces 'meaningful pressures' even though the company reached some of its Model 3 goals and repaid debt on time,...

Tesla Inc.'s TSLA, -4.69% creditworthiness still faces "meaningful pressures" even though the company reached some of its Model 3 goals and repaid debt on time, Moody's Investors Service said in a note Friday. "Tesla is challenged internally by ongoing operational missteps and strategy reversals over a short time period," the credit ratings agency said in a note Friday.

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