Tesla's bumper delivery numbers light up shares

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Tesla Inc's shares were set to open this year at their highest in about a month after reporting stronger-than-expected quarterly deliveries of its electric cars, allaying fears of supply chain woes that other automakers have struggled with.Shares of the world's most valuable carmaker were up about 7per ce

Tesla Inc's shares were set to open this year at their highest in about a month after reporting stronger-than-expected quarterly deliveries of its electric cars, allaying fears of supply chain woes that other automakers have struggled with.

Spak revised his quarterly revenue estimate, bumping it up by US$2.3 billion. J.P. Morgan raised its profit estimates. Zachary Kirkhorn, Tesla's finance chief, said in October it was difficult to predict how quickly the company will be able to boost production at its new factories.

 

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