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Moody’s Doesn’t Like the Idea of Tesla Going Private

John Parker
Moody’s Doesn’t Like the Idea of Tesla Going Private

Is Tesla going private? In the last four days, Tesla (TSLA) has attracted enormous media coverage that has been flooded with negative as well as positive opinions on CEO Elon Musk’s idea of “taking Tesla private.” After Musk’s series of tweets on the subject on August 7, the company’s stock rallied by 11.0%. Now, let’s find out what credit rating agency Moody’s Investors Service has to say about Tesla going private.