Saturday, 29 September 2018

Cost to insure Tesla debt spikes to record high

The cost to insure debt holdings in electric carmaker Tesla Inc rose to its highest-ever level on Friday as the bond market reflected growing worries about a default, following the news that Chief Executive Elon Musk had been accused of fraud by federal regulators.


from Reuters: Business News https://ift.tt/2NRMCQw

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