Can Elixir processes tolerate out of memory errors?

I haven’t been able to find a clear answer on this from Google so I wanted to pose the question here.

Can a supervised Elixir process tolerate an Out of Memory error? It seems like it would based on isolated heap space, supervision and recovery. I know that I’ve read that the VM itself can’t tolerate running out of memory from too many large concurrent processes or atom flooding, but I wasn’t sure how this applied to supervised processes.