Tesla’s $1.8 billion bond hits a crucial milestone as it surges to its highest level since 2017

• Tesla’s high-yield bond leaped to its highest levels ever on Wednesday, trading at face value for the first time since its issuance in 2017.
• A bond’s face value is the amount due to the bondholder once the debt reaches maturity.
• Tesla has 10 “buy” ratings, 11 “hold” ratings, and 15 “sell” ratings from analysts.

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