Tesla delivers 308,600 vehicles in Q4, beating estimates
Jan 2 - Tesla Incon Sunday reported record quarterly deliveries that far exceeded Wall Street estimates, riding out global chip shortages as it ramped up China production.It was the sixth consecutive quarter that the world's most valuable automaker posted record deliveries.Tesla, led by billionaire CEO Elon Musk, delivered 308,600 vehicles in the fourth quarter, far higher than analysts' forecasts of 263,026 vehicles.Tesla's October-December deliveries were up about 70% from a year earlier and
Oil Edges Higher With Robust Demand Outlook Clouded by Delta
-- Oil edged higher after eking out a modest weekly gain as investors assessed the outlook for demand amid a resurgence in Covid-19.Futures in New York traded above $72 a barrel after adding 0.4% last week, the first weekly advance in three. There are signs that demand for fuels such as gasoline has increased as vaccination programs are rolled out, although the fast-spreading delta variant has raised concerns about the short-term outlook. Tight restrictions have been renewed including curfews i