3 ms·

I'm basing it on what Elon Musk said at the 2015 North American International Auto Show. And the often mentioned 20% margin on the Model S. http://uk.businessi

• ddeck 10y ago
  I'm typically inclined to look at the financials rather than what executives have to say ;) I presume he's talking gross margin, which excludes prior R&D (except capitalized), marketing, distribution & sales costs, office/admin expenses, financing costs etc.