1. Attachments are working again! Check out this thread for more details and to report any other bugs.

Tesla gross margin 27%

Discussion in 'Tesla' started by bwilson4web, Nov 21, 2022.

  1. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,660
    15,661
    0
    Location:
    Huntsville AL
    Vehicle:
    2018 Tesla Model 3
    Model:
    Prime Plus
    Source: Tesla TSLA earnings Q3 2022

    Tesla's net income (GAAP) for Q3 2022 reached $3.33 billion, with automotive gross margins holding steady at 27.9%, exactly where it stood in the second quarter of 2022. During the same period last year, Tesla reported $1.62 billion in profits.​

    Not so common with the ICE manufacturers.

    Bob Wilson
     
    #1 bwilson4web, Nov 21, 2022
    3PriusMike likes this.
  2. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    110,129
    50,045
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    not too shabby, and the stock is a good buy right now
     
    #2 bisco, Nov 21, 2022
    bwilson4web likes this.
(You must log in or sign up to post here.)