“S&P Inquires About Tesla’s Credit After Record-Breaking Safety Rating achievement” – A Curious Development

Tesla Vehicles Receive Record-Breaking Safety Ratings from Euro NCAP

Tesla has received record-breaking safety ratings for their Model Y from the Euro NCAP (European New Car Assessment Program), which assigns safety ratings to vehicles in Europe. The Euro NCAP praised the Tesla Model Y for its exceptional performance and added that “by rating Tesla, they have shown that nothing but the best is good enough for them.” Tesla’s Model Y received a 98% score for the safety assist category. They scored a 97% adult occupant protection score, an 89% child occupant protection score, and an 82% vulnerable road user protection score, the lowest category score. The European New Car Assessment Program tested the vehicles using Tesla Vision only, without the use of radar. Despite this, Tesla’s Model Y scored the highest among any other vehicle tested, earning a perfect 100 score in the safety assist category.

Tesla Wait Times in China Decrease

Tesla’s estimated delivery wait times for their Model 3 and Model Y in China have decreased dramatically. The delivery wait time for the Model 3 has dropped from 12 to 16 weeks to 6 to 10 weeks for both trims. The delivery wait time for the long-range version of the Model Y has also decreased from 16 to 20 weeks to 10 to 14 weeks, while the performance version has dropped from 12 to 16 weeks to 6 to 10 weeks. The decrease in delivery wait times is likely tied to the increase in production capacity for Tesla’s Gigafactory Shanghai.

Possible Tesla Factory in Canada

Canada’s Minister of Innovation, Science and Industry, Francois-Philippe Champagne, has confirmed that he is in talks with Tesla regarding the construction of a new factory in Canada. Tesla has not confirmed any plans for a factory in Canada yet, but rumors have been circulating for some time that Canada might be a possible location due to its proximity to the US and Canada’s strong commitment to renewable energy.

Tesla’s Credit Ratings Remain Stable

Tesla’s credit ratings have remained stable, with Moody’s and S&P Global Ratings reaffirming their ratings of the EV maker’s creditworthiness. Moody’s has given Tesla a B2 rating while S&P has given the company a B+ rating. Both agencies noted Tesla’s strong financial position, increased demand for EVs, and a leading market position in the EV market.

Tesla Receives Record-Breaking Safety Rating from Euro NCAP

Tesla’s record-breaking safety ratings for their Model Y in Europe, which were tested using only Tesla Vision, make it clear that the company’s investment in driver assistance technology and safety features is paying off. While Tesla’s hold on the electric vehicle market is still relatively small, these ratings, combined with Tesla’s strong financial position and plans for continued expansion, are likely to reassure investors and boost Tesla’s position in the marketplace. As Tesla continues to innovate and expand, all eyes will be on how the company fares in the coming years.

Recent Articles

Related Stories

Get the daily news directly in your inbox