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Carvana soars after debt-ridden dealer predicts return to profit

Carvana shares jumped significantly after the used car dealer said it expects to report a profit this quarter.

New yorkUnited statesJoel levingtonAlexander potterCompetitor carmax incCarvana coPiper sandler coPiper sandlerBloomberg intelligence

Tesla Is No Longer Junk

Moody’s Investors Service said Monday that it now rates Tesla above junk status.

Joel levingtonElon muskRene lipschMoody investor serviceInvestor serviceBloomberg intelligenceMoody x27s investors serviceNikola teslaMoodys investor serviceJoel levingtonElon muskTesla model sAr classificationsRene lipsch

Elon Musk: Tesla finally loses its junk bond status with Moody s upgrade

Moody’s Investors Service has become the second credit ratings firm to endow Tesla with investment-grade status.

Joel levingtonBloomberg intelligence

Tesla slashes Model S and X prices for second time this year

The cost of Tesla's higher-end electric vehicle models has dropped as much as $29,000 since early January.

United statesAnnie leibovitzJoel levingtonElon muskEuisun chungHyundai motor groupInflation reduction actBloomberg intelligenceInflation reduction

Loss caps disastrous year for Carvana

Carvana is staring down rising interest payments each of the next three months with vehicle sales and earnings moving in the wrong direction.

Joel levingtonJohn colantuoniKevin tynanBloomberg intelligenceChief executive officer ernie garciaClaire boston

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