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US electric car manufacturer Tesla delivered 1.06 million cars from April 2021 to March 2022

Why Legacy Automakers Are Still Driving In Tesla's Dust

Rapid expansion has helped Tesla scale up its operations, strengthening its competitive advantage, evidenced by a record 19% operating margin. That's more than twice the operating margins of Ford and General Motors, and Wall Street has noticed.
Signage is seen outside The Blackstone Group headquarters in Manhattan, New York, U.S., November 12, 2021.

Blackstone's First-quarter Earnings Surge 63%

Blackstone Inc said on Thursday its first-quarter distributable earnings jumped 63% as a strong performance from its real estate and credit businesses offset a weak showing from its hedge funds unit.
A nighttime view of Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into gasoline, diesel fuel, and other refined petroleum products, in Carson, California, U.S., March 11, 2022.   Picture taken with a drone.

For Oil Refiners, Now Is The Summer Of Distillate Content

Refiners are planning to spend the summer increasing jet fuel and diesel production instead of gasoline, traders and analysts said, favoring what have historically been the least profitable parts of the barrel instead of the most profitable.
Despite having struggled with profitability, Twitter is trying to evade the grasp of billionaire Elon Musk.

Twitter, Analysts Wary Of Musk Takeover Bid

Twitter is moving to prevent the Tesla boss from getting his hands on all of Twitter's outstanding shares, signaling that worries about where he would lead the company outweigh the proffered payoff.

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