Heavily shorted Tesla bonds and shares tumble after Moody’s downgrade
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Heavily shorted Tesla bonds and shares tumble after Moody’s downgrade

Tesla Model3

Moody’s Investors Service downgraded Tesla on Tuesday, citing the company’s liquidity challenges as it struggles to ramp up production of its Model 3 electric car. The move caused the company’s shares — the most heavily shorted US stock — as well as its high yield debt to slump.

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