Boeing and Tesla Report Earnings
Boeing reported its third consecutive annual loss, at ($4.3bn) for 2021 vs. ($11.3bn) in 2020. For the fourth quarter, net losses were at ($4.2bn) vs. ($8.4bn) during the year ago period. Revenues for the quarter were up 3% YoY to $14.8bn while annual revenues climbed...
Tesla Upgraded to Ba1 by Moody’s
Tesla was upgraded two notches to Ba1 from Ba3 by Moody’s with a positive outlook. The rating is based on the view that Tesla will maintain its position as the leading manufacturer of battery EVs while rapidly continuing to increase its scale and improving...
Tesla Upgraded to BB+ by S&P, Just One Notch Shy of IG
Tesla was upgraded to BB+ from BB by S&P, putting them just a notch away from an investment grade rating. Despite near-term bottlenecks like the semiconductor shortage and supply-side issues in the industry, S&P expects Tesla’s vehicle deliveries,...
