At the same time, Tesla is expected to report auto gross margin of 23 percent Wednesday, according to a Visible Alpha survey of market analysts. A year earlier, Tesla reported a 33 percent gross margin, Reuters said.
In January, Tesla CFO Zachary Kirkhorn estimated that gross margin would not fall below 20 percent, which is still very healthy by industry standards. Tesla’s stock price this year is up by more than 70 percent as of Tuesday’s close.
Wedbush analyst Daniel Ives said…
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