Beware the Zombie Companies! And Elon Musk Throws Shade on EV Competition

Nov 19, 2020 · 46m 39s
Beware the Zombie Companies! And Elon Musk Throws Shade on EV Competition
Description

So-called “zombie companies” with more debt than revenue have feasted on $1.4 trillion in credit. Are these names better off left for dead? And Tesla’s CEO going after the spate...

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So-called “zombie companies” with more debt than revenue have feasted on $1.4 trillion in credit. Are these names better off left for dead? And Tesla’s CEO going after the spate of electric vehicle SPACs that have come to market as his own company’s shares trade near all-time highs.
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Author CNBC
Organization CNBC
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