Tesla stock now blue-chip after credit upgrade

Tesla is now a blue-chip stock. Moody’s Investors Service assigned a ‘Baa3’ long-term issuer rating on Monday to the electric vehicle and clean energy company. The bond ratings agency also withdrew the company’s ‘Ba1’ corporate family rating.

‘Baa3’ is Moody’s lowest investment grade rating. ‘Ba1’ is the agency’s highest speculative gra