What impact did Moody's downgrade have on Tesla's bonds and debt situation?
Tesla Tumbles as Questions Swirl Around Model X Crash
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Business, Architecture
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University
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Hard
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The video discusses Tesla's recent challenges, including a Model X crash under investigation for potential autopilot involvement, which has affected the company's stock. Tesla's production issues, particularly with the Model 3, are highlighted, showing they are not meeting targets. Financial concerns are also addressed, with Tesla's debt being downgraded by Moody's, impacting their bonds and increasing interest expenses.
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How much of Tesla's gross profit is currently going towards interest expenses on their debt?
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