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Tesla shares rev up after delivery numbers smash expectations

Tesla shares rev up after delivery numbers smash expectations

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Tesla Inc shares are revving up on Monday after the Elon Musk-led electric vehicle manufacturer announced delivery numbers over the weekend that beat even the most bullish Wall Street forecasts despite the chip shortage that has been hitting the automotive and other industries. Roughly 241,000 electric vehicles were delivered in the third quarter of 2021, the company said, compared to the 221,000 expected by the market, with even the ‘whisper numbers’ only looking for no more than 230,000.

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