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Expand chart
Data: FactSet and company release; Chart: Will Chase/Axios

Tesla is likely on track for another strong earnings report after logging record deliveries as the company appears to be weathering the storm of the global chip shortage.

What's next: The electric automaker will report third-quarter earnings this evening after markets close.

  • Wedbush Securities analyst Dan Ives, in a note, said the company is expected to beat revenue and earnings per share estimates.

The intrigue: A Barclay's note ahead of the report says Tesla has been able to handle the chip shortage better than legacy automakers for several reasons.

  • One is that Tesla predominantly sells just two vehicles (Model 3 and Model Y), not dozens, so "the problem of locating chips is more focused."
  • But automakers face multiple supply chain problems and Tesla isn't immune — a topic sure to surface on their earnings call.

What we're watching: Reuters notes investors will be seeking information about how Tesla's faring in China, where it has seen robust sales but faces "negative publicity and a host of new domestic competitors."

What we don't know: That's whether CEO Elon Musk will be on this evening's call with analysts after saying on the Q2 call that he'd no longer be a regular.

Go deeper: U.S. questions Tesla over lack of recall after self-driving update

Go deeper

Ben Geman, author of Generate
Nov 17, 2021 - Energy & Environment

Investors shower love on Rivian and Lucid

Photo: Igor Golovniov/SOPA Images/LightRocket via Getty Images

Here are two numbers that say a lot about how investors view two key electric vehicle startups: $232,000 and $89 billion.

Driving the news: That's luxury EV startup Lucid Motors Q3 revenue and its market capitalization at yesterday's close of trading.

Dan Primack, author of Pro Rata
Updated 3 mins ago - Politics & Policy

Trump social media group raises $1 billion from undisclosed investors

Illustration: Sarah Grillo/Axios

Donald Trump's social media startup on Saturday announced that it secured $1 billion in new investment as part of its ongoing efforts to become publicly traded via a blank check company.

Between the lines: None of the investors were identified, which is highly unusual for this sort of transaction.

Updated 2 hours ago - Health

Massage, facial, pedicure... intravenous drip?

A salon on the Upper East Side of New York that offers IV drip therapies. Photo: Jennifer A. Kingson/Axios

IV drips — the kind you might get if you're rushed to the hospital — are trending as a spa treatment, thanks in part to endorsements by celebrities like Kim Kardashian and Madonna.

Why it matters: Like other "wellness" trends with a whiff of medical imprimatur, IV nutrient drips can be harmless or mildly restorative — or go awry, particularly in the wrong hands.