Cost To Insure Against Tesla Bond Default Hits Record High - News Summed Up

Cost To Insure Against Tesla Bond Default Hits Record High


Creating a strong emotional bond between customers and investors can work to your advantage when people love you. But it seems that the emotional bond between Tesla and its investors and lenders has changed -- and not in a good way. Yesterday, I wrote about factors that might send Tesla stock down 95%. The emotional climate around Tesla has changed and the factors driving fear into the hearts of Tesla stock investors are having a similar effect on its debtholders. One investor, Santa Monica-based Chasing Value Asset Management, is short Tesla stock and believes it could file for Chapter 11 by the summer of 2020.


Source: Forbes May 23, 2019 14:38 UTC



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