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Tesla likes to quote their gross margins because they look incredible at face value. However Tesla doesn't use a dealership model, so they have expenses for the
by gizmo 10y ago
Tesla likes to quote their gross margins because they look incredible at face value. However Tesla doesn't use a dealership model, so they have expenses for the sales process that other car manufacturers don't have. To get an apples-to-apples comparison with the margins of other car manufacturers you have to make adjustments like the ones I described earlier.