The debt rating and the probability of default rating of Tesla Inc. (NASDAQ: TSLA) have been upgraded by Moody's Investors Service, the rating arm of Moody's Corporation (MCO). The rating firm’s outlook for this well-known EV stock is “positive." The debt rating of Tesla has been upgraded to Ba1 from Ba3 and the probability of default rating to Ba1-PD from Ba3-PD.  Rationale behind the Upgrade & Positive Outlook  The rating upgrade and positive outlook came on the back of Moody's expectation for Tesla that it will remain a top manufacturer of battery electric vehicles, with a strong footprint in the U.S., Europe, and China.
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