
TSLA Earnings Preview Q1-23 (04.18.23)
Tesla Daily: Tesla News & Analysis
Tesla's Automotive Gross Profit
So looking at automotive profit again this is just a function of how these ASPs and average selling costs or average costs could sold come in. We don't have the analyst consensus but I'm at about $4.4 billion here more importantly though that ends up being a 21.5% gross margin so you can see how that compares to how it's come in the last four quarters. It is a pretty significant drop from an X credit perspective again I had $320 million and credits kind of just taking the average the Tesla seems to come in at maybe a little bit low on that But excluding those credits I'm at 20.3% so you know if we go back to this answer I
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