Gross margin is not a reasonable metric of a company's profitability when it has large fixed costs, as does Tesla. I get the impression that you already know th

Gross margin is not a reasonable metric of a company's profitability when it has large fixed costs, as does Tesla. I get the impression that you already know that. They run factories on three continents and will be constructing more for the foreseeable future. Tesla's operating margin is 5.4%.