This article first appeared on GuruFocus.
Tesla (NASDAQ:TSLA), the electric-vehicle and physical-AI company, received a BBB rating from Fitch as its shares rose about 0.5% to $380.69 Wednesday. Fitch joins Moody’s and S&P in rating Tesla investment grade. That gives the company another vote of confidence as its AI ambitions grow more expensive.
Tesla expects to spend more than $25 billion on capital projects in 2026, including AI computing, data centers and manufacturing capacity. That spending floor is more than 57% of the $43.52 billion in cash and short-term investments it held at the end of June. A stronger credit profile could widen Tesla’s financing options, but the rating says nothing about what Cybercab or Optimus will earn.
At $380.69, Tesla trades 13.96% above its $334.06 GF Value estimate. Investors are paying for a future that still has to show up in cash flow.
https://finance.yahoo.com/markets/stocks/articles/tesla-rises-bbb-rating-meets-183409133.html?shem=aimgspc,
