{"id":164,"date":"2018-03-29T10:52:57","date_gmt":"2018-03-29T10:52:57","guid":{"rendered":"http:\/\/forefrontnews.cn\/finance2news\/?p=164"},"modified":"2018-11-13T06:51:56","modified_gmt":"2018-11-13T06:51:56","slug":"teslas-junk-bond-tanks-to-87-cents-on-the-dollar-after-downgrade","status":"publish","type":"post","link":"http:\/\/forefrontnews.cn\/?p=164","title":{"rendered":"Tesla&#8217;s junk bond tanks to 87 cents on the dollar after downgrade"},"content":{"rendered":"<div>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/demo6.aiwalls.comhttp:\/\/forefrontnews.cn\/finance2news\/wp-content\/uploads\/2018\/03\/Teslas-junk-bond-tanks-to-87-cents-on-the-dollar-after-downgrade.jpg\" alt=\"Tesla's junk bond tanks to 87 cents on the dollar after downgrade\" width=\"530\" height=\"298\" data-enlarged-image=\"https:\/\/fm.cnbc.com\/applications\/cnbc.com\/resources\/img\/editorial\/2018\/01\/18\/104953613-IMG_7372.1910x1000.JPG?v=1516306817\" \/><\/p>\n<div>Robert Ferris | CNBC<\/div>\n<div>A Tesla Model 3 on display at a showroom in New York on Jan. 18th, 2018.<\/div>\n<\/div>\n<div>\n<p>Tesla&#8217;s bond price plunged Wednesday to its lowest level since the note was issued last year, sending its yield above 7 percent.<\/p>\n<p>&nbsp;<\/p>\n<p>The price drop came a day after Moody&#8217;s Investors Services cut Tesla&#8217;s credit rating and changed its outlook to negative, citing doubts about the company&#8217;s Model 3 production schedule. The credit rating company said the electric car maker will likely have to raise money in the future to meet cash needs.<\/p>\n<p>The falling price of the bond and surging yield means it will be more costly for Tesla to raise funds in the debt market.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tesla&#8217;s bond price plunged Wednesday to its lowest level since the note was issued last year, sending its yield above 7 percent.<\/p>\n","protected":false},"author":1,"featured_media":165,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[257],"tags":[],"views":83,"_links":{"self":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/164"}],"collection":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=164"}],"version-history":[{"count":1,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/164\/revisions"}],"predecessor-version":[{"id":201,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/164\/revisions\/201"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/media\/165"}],"wp:attachment":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=164"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}