Tesla Bonds Tumble – Now ‘Riskier’ Than Indonesia

After missing expectations for Model 3 deliveries (by 50%), delaying production goals once again, it appears the bond market is starting to give up on Elon Musk’s dreams for Tesla’s future.

While stocks are rebounding, bonds are not…

 

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In fact, Tesla’s 2025 bond – now dramatically below par – suffered its biggest drop yet today, heading back to lows on price…

 

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And for those who see Tesla’s juicy 6.13% yield and feel like “reaching” for it… may we suggest Indonesia instead…

 

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How long before Musk starts to discuss “Blockchain” implementations in Tesla’s product plan?