Moody's upgraded Tesla's debt rating to Ba1, six consecutive quarters of record deliveries

The U.S. Stock Research Agency has learned that according to Zhitong Financial News, Moody's will Tesla (TSLA. US) has raised its debt rating by two notches to "Ba1," reflecting the rating agency's expectation that Tesla will continue to maintain its leading position as a manufacturer of pure electric vehicles.

Moody's confirmed in the report that Tesla's outlook remains positive and that the company will continue to scale rapidly and significantly improve profitability.

Moody's said Tesla's financial policy is likely to be more cautious and liquidity will remain good. However, the agency added that other automakers offering more competitive pure electric vehicles could start putting some pressure on the company's profit margins in 2023.

Separately, the rating agency expects Tesla to deliver nearly 1.4 million vehicles in 2022, up from 936,000 in 2021.

It is reported that in January this year, Tesla reported record quarterly deliveries, far exceeding market expectations, while expanding production in the Chinese market, Safely survived the crisis of global chip shortages. It was also the sixth consecutive quarter in which Tesla posted record deliveries.