Get latest articles and stories on Business at LatestLY. According to Fitch Ratings, the securitization involves electric vehicles (EVs) and presents unique challenges due to Tesla's limited historical credit loss performance, as the company only started originating auto loans in Q4 2021. Business News | Fitch Ratings Prepares Ratings for Tesla Electric Vehicle Trust 2023-1, Navigating Unique Challenges in EV Securitization.
Fitch Ratings prepares ratings for Tesla Electric Vehicle Trust 2023-1, navigating unique challenges in EV securitization
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Tesla hits ABS market in first sale since blue-chip upgrade
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(Bloomberg) Tesla Inc. is returning to the US asset-backed securities market for the first time in over a year, with a $1 billion prime auto-lease transaction, a sign of how credit markets are starting to recover.Most Read from BloombergSingapore Arrests Minister, Property Tycoon in Graft ProbeHow Much Income You Need to Crack America's Richest 1%Wall Street’s Reversal Curbs Bond Trader Euphoria: Markets WrapDeSantis Says No Thanks to $377 Million in US Energy FundsBiden Administration to For