Tesla gross margin 27%

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

  1. bwilson4web

    bwilson4web BMW i3 and Model 3

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    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
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  2. bisco

    bisco cookie crumbler

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    not too shabby, and the stock is a good buy right now
     
    #2 bisco, Nov 21, 2022
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