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Thursday, April 5, 2018

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Carmaker with downgraded credit rating has made 2,000 models in past week, below set target but higher than expected

Tesla may have steered itself away from a financial precipice, after the US electric carmaker announced that it had finally started to produce its Model 3 on a scale that could lead it to the mass market.

Faltering production of the latest, cheapest model of its electric supercars had been a factor in a downgrading of Tesla’s credit rating, plummeting share price and deepening industry scepticism.

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from US news | The Guardian https://ift.tt/2Ipx7Yx

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