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

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

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.

CNBC's "Fast Money"

November 19, 202046m 39s

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Show Notes

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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