How Profitable Is Tesla?
CategoryNews Briefs
Three months on, market cap surged by 440 billion USD; gross margin dropped from 25% to 18%, and net profit is likely around 9%. Boss Ma says prices can still come down. Wall Street's valuation sits at $1 trillion, of which $90 billion is the EV hardware business and the remaining $900 billion is for its L4 (even L5) autonomous driving and AI.
I've written about Tesla many times; check my blog for past posts.
Tesla Growing More Like an AI Company: Market Cap Up 440 Billion Dollars in Three Months