February 21, 2025 10:17 GMT
AUTOMOTIVE: Nissan (NSANY: Ba1 neg/BB+ neg/BBB- neg): Moody's Cut & Tesla Plan
AUTOMOTIVE
- Moody's cut Nissan overnight.
- Now Ba1 with Neg outlook
- Slowing demand for ageing portfolio cited.
- Separately, the FT (see link) is reporting that a high-level Japanese group is drawing up plans for Tesla to invest
- Equity is currently +9.5%
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