Tesla 19% Auto Gross Margins and Energy Ramping $TSLA
by Brian Wang from NextBigFuture.com on (#6AZB5)
Tesla released its first quarter 2023 financial report and had 19.3% auto gross margin. Energy storage increased to 3.9 Gigawatt hours which is about 1000 megapacks in a quarter. The Energy revenue increased to $1.5 billion in the quarter. Tesla's near-term pricing strategy means having less current profits for more a long-term profits given the ...