Everton striker Louis Saha scored twice as Chelsea had their lead at the top of the Premier League cut to one point.
Florent Malouda's strike put Chelsea ahead but Saha headed Everton level after his clever run lost John Terry.
Saha then saw a poor penalty saved by Petr Cech after Ricardo Carvalho had brought down Landon Donovan.
The Everton striker smashed his second with a crisp finish after Terry failed to clear, while Didier Drogba later headed against the woodwork.
The result was no less than Everton deserved after a performance of skill and determination - and it ensured that David Moyes's 300th game as a Premier League manager ended with his first victory over Chelsea.
There was further good news for Moyes, with the influential Mikel Arteta starting a game for the first time this season.
The visiting team would have lost top spot if Manchester United had won at Aston Villa but Sir Alex Ferguson's team were held to a 1-1 draw.
Chelsea were unbeaten in 13 games in all competitions coming into the fixture and Carlo Ancelotti's team certainly had their moments, pushing hard for an equaliser after Saha scored for the second time with 15 minutes remaining.
But they were far from their best as they lost for the fourth time in the league this season, with all of their defeats away from Stamford Bridge.
They lacked cohesion in attack and were uncharacteristically uncertain in defence - with none more so than former England captain Terry, who was at least partially to blame for both goals.
There was little hint of what was to follow when a scrappy and unremarkable opening period ended when Chelsea took the lead with a disarmingly direct move.
Drogba lost his marker and flicked on a long, raking kick up field by Cech that Malouda chased down, giving Phil Neville the slip in the process before shooting across goal with a crisp first-time strike.
The only real notable moment of craft and invention prior to the 16th-minute opener had fallen to Frank Lampard after Nicolas Anelka dummied a low cross from Ashley Cole, but the England midfielder shot wide from 20 yards.
Everton's marking was occasionally slack and Tim Howard was forced into action after Terry was left unmarked at a corner.
But it was Terry who was at fault with Everton's equaliser, failing to track Saha's superb run towards the near post that culminated with the striker heading beyond Cech.
All of Everton's goals in the 3-3 draw at Stamford Bridge in December came from set-pieces but Chelsea had obviously failed to heed the lesson.
Anelka was a largely peripheral figure but should have restored Chelsea's lead after the heavily involved Drogba cut the ball into the path of the French striker, who missed the target with his first-time effort from six yards.
The contest really came to life in the closing stages of the opening half, with Cech first denying Saha and then shortly afterwards saving the Frenchman's penalty after Carvalho's foul on the impressive Landon Donovan.
It was a poor spot kick from Saha, whose effort lacked power and was struck at a good height for the keeper.
Cech was the first stopper called into action after the restart, tipping over a miscued cross from the recalled Diniyar Bilyaletdinov that almost crept under his crossbar.
Chelsea were struggling to cope with Everton's high-tempo game and another mistake from Terry created a shooting chance for Saha, whose shot appeared to be deflected wide even though referee Alan Wiley awarded a goal kick.
The visiting team's cause was not helped when Ashley Cole limped off after a challenge with Donovan, while Branislav Ivanovic made a vital block to deny Bilyaletdinov.
Michael Ballack replaced Cole and Salomon Kalou came on for Anelka and Chelsea did appear to be inching their way back into the contest before Saha smashed the winner.
Terry failed to deal with a long cross-field pass that Saha controlled with his first touch before striking the ball beyond Cech with the outside of his left boot.
Replays suggested that Cech might have at least got a hand to the ball.
Chelsea immediately went on to the offensive and Drogba almost restored parity with a thumping header that rebounded off the crossbar, while Howard was at full stretch to save a low strike from Lampard.
Source: BBC
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Right to Dream are filling ‘the big gap’ in Ghana – UG Director of Sports
19 mins -
Prosecutor drops federal criminal cases against Trump
26 mins -
Asante Kotoko removes Prosper Ogum from Interim Management Committee
32 mins -
Emirates relieved as colleague returns safely after alleged kidnapping
37 mins -
Right to Dream unveils monument to celebrate silver jubilee
55 mins -
Developed countries commit $300bn annually to boost climate finance
59 mins -
Stratcomm Africa celebrates 30 years with inspiring Women S.H.A.R.E. anniversary event
1 hour -
26 arrested for brandishing, indiscrimimately firing toy guns in public
1 hour -
CHRAJ report confirms National Cathedral is a taxpayer-funded project – Ablakwa
1 hour -
PharmD house officers sue government over 12-month unpaid allowances
2 hours -
JoyNews National Dialogue on Clean Air set for November 26
2 hours -
National Cathedral: A-G must probe and surcharge if he finds breaches – Domelovo
2 hours -
National Security Ministry denies involvement in abduction of Sylvia Baah
3 hours -
Tears and pleas: Mpohor queenmother sobs over galamsey, poor roads during Mahama visit
3 hours -
Personal and political interests disrupting power sector – IES
3 hours