Tesla Inc. has been around for about 15 years now. The company made a name for itself thanks to the CEO – Elon Musk who strives to change the world for better and wants to make electric cars. But although the good thought behind it, the company hasn’t been living through eh best of times.
The least week has become the worst for Tesla in all of its existence. And the situation wasn’t improved by the fact that this year only two Tesla cars got into an accident one of them was fatal for a pedestrian. With this Moody’s Investors Service has earlier lowered Tesla’s credit rating into a junk, stating that all the problems which are faced by the company are calling for around $2 billion cash infusion otherwise there is a high chance that the company will simple run out of resources.
Just yesterday Tesla’s stock lost 5.1 percent of the value. The hope for better was heavily lying on the new Tesla Model 3 car, but the selling numbers are not as high as the forest of the company predicted.
Musk in his turn seems to be quite humorous about the situation tweeting as an April’s fools joke that the company went bankrupt via Twitter. Although with such bad performance he has surely given some investors unsettling feeling or even a scare.