Amid the global chip shortage, Tesla (NASDAQ:TSLA) delivered robust Q4 results. For context, this EV giant delivered a record number of vehicles, while its top and bottom line came in well ahead of analysts’ forecasts.  In Q4, Tesla delivered 308K vehicles, well ahead of the Street’s estimates of $265K. Further, total revenues increased 65% year-over-year to $17.7 billion and exceeded analysts’ forecasts of $17.1 billion. Tesla’s adjusted earnings of $2.54 per share jumped 218% year-over-year and surpassed the consensus estimate of $2.36.  Its strong profitability reflects growth in deliveries, a decline in COGS (cost of goods sold) per vehicle, and strength in other businesses.
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