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Comment by bob13579
How exactly did Tesla earn an "A" up to that point? Every small electric car manufacturer was losing money left and right. Two smaller startups got the loan (Tesla and Fisker) to survive, while the others didn't (Bright Automotive, etc.). The ones that didn't get the loans went out of business. The one that got the other $500 million loan went out of business (Fisker). Only Tesla survived by having one tiny profitable quarter (which was a low single digit profitable quarter where they sold 3000 cars to rich people).