UPDATE 2-Cost to insure Tesla debt spikes to record high
27 Sep UPDATE 2-Cost to insure Tesla debt spikes to record high
Posted at 17:50h
in
News
by KMFSLLP
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.
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