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>Tesla’s margins are much higher But they're not. On a trailing four quarter basis; BMW has more revenue than Tesla ($135bn vs $67bn), better operating margin
by NovemberWhiskey 4y ago
>Tesla’s margins are much higher
But they're not.
On a trailing four quarter basis; BMW has more revenue than Tesla ($135bn vs $67bn), better operating margin than Tesla (18.6% vs 16.2%) and therefore also higher earnings ($25bn vs $11bn).
... and Tesla does have debt; in fact, it just for the first time got upgraded from junk to investment grade this month.