Tesla's Unexpected Car Price Cut Sends Bonds Into the Tank
The reflections of customers are seen waiting in line ahead of the Model 3 announcement outside the Tesla Motors Inc. store on the Third Street Promenade in Santa Monica, California, U.S. (Photographer: Patrick T. Fallon/Bloomberg)

Tesla's Unexpected Car Price Cut Sends Bonds Into the Tank

(Bloomberg) -- Tesla’s 2025 notes topped the list of biggest losers in U.S. high yield trading Wednesday after the electric-car maker said it was cutting U.S. model prices by $2,000.
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