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Tesla Deliveries Crushed Expectations. Here’s What Happens Next.

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Another quarter, another record. Tesla is growing rapidly, despite a global automotive semiconductor shortage roiling production.

The electric vehicle pioneer on Saturday reported a record quarter with deliveries up more than 70% year over year. Calling the stock reaction on Monday is a coin flip, but one day’s stock performance doesn’t really matter. Strong deliveries, however, usually mean good news for Tesla bulls down the road.

Tesla…

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