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Msg  501315 of 552123  at  6/1/2023 4:03:08 PM  by

newtoboard


 In response to msg 501310 by  pen2men
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Re: Tesla Article

That gross margin is incredible.
 
71.5B in revenues
Less 51.1B expenses
 
Net: 20.4B. That's a gross margin of 29%!!!
-- 
 
By comparison, Toyota, which traditionally has among the highest margins captured a gross margin of 19% last year.


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