Tesla's 2019 Earnings Forecast

The main reason for that is because of just the decline in average selling prices that we're seeing in the automotive market. Services and others I do have that declining a little bit still up significantly year over year but I have the margin declining to just below two percent for services and others from about five and a half percent last quarter. And then for the year of a year comparison obviously we're seeing a huge drop here you know if you look at gross profit down sixteen percent despite deliveries up thirty six percent in this forecast total sales up twenty five percent. If you strip out all that context these numbers in isolation they don't look good.