High-flying Tesla joins S&P 500; skeptics say buyer beware

High-flying Tesla joins S&P 500; skeptics say buyer beware

3 years ago
Anonymous $y15ULlV7sG

https://www.siliconvalley.com/2020/12/21/high-flying-tesla-joins-s-skeptics-say-buyer-beware/

By TOM KRISHER | The Associated Press

DETROIT  — In the middle of last year, Tesla’s losses were piling up, sales weren’t enough to cover expenses and big debt payments loomed. The situation was so bad that one influential Wall Street analyst raised the possibility that Tesla wouldn’t be able to pay its bills and would have to be restructured financially.

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