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> Revenue — $25B Gross Profit — $4B I think this means that the Gross Profit was $4B, not 25. And Gross Profit is Revenue - Cost of Goods Sold [0], so they may
by DuskStar 7y ago
> Revenue — $25B Gross Profit — $4B
I think this means that the Gross Profit was $4B, not 25. And Gross Profit is Revenue - Cost of Goods Sold [0], so they may still have had losses after R&D and expansion.
The EBITDA number of $2.33B also seems reasonable as a "last four quarters" measure here [1] (which actually lists $2.35B).
0: https://www.investopedia.com/terms/g/grossprofit.asp https://www.investopedia.com/terms/g/grossprofit.asp
1: https://www.macrotrends.net/stocks/charts/TSLA/tesla/ebitda https://www.macrotrends.net/stocks/charts/TSLA/tesla/ebitda