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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%

FT Link

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  • 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%

FT Link