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> Tesla maintains a 30% profit margin vs the 5% profit margin of other automakers. Do you have sources for these figures? Because they look made up to me. Hon
by rybosworld 3y ago
> Tesla maintains a 30% profit margin vs the 5% profit margin of other automakers.
Do you have sources for these figures? Because they look made up to me.
Honda and Toyota are averaging 20% and 17.5% gross margins:
https://ycharts.com/companies/HMC/gross_profit_margin https://ycharts.com/companies/HMC/gross_profit_margin
https://ycharts.com/companies/TM/gross_profit_margin https://ycharts.com/companies/TM/gross_profit_margin
Tesla is averaging 21.5%:
https://ycharts.com/companies/TSLA/gross_profit_margin https://ycharts.com/companies/TSLA/gross_profit_margin
Regardless, Tesla is a unique case in nearly every way so using them as the counter argument against dealerships seems disingenuous.