Tesla, Inc. is an American company that manufactures and sells electric cars, as well as power storage and photovoltaic systems. The company's goal is to โaccelerate the transition to sustainable energyโ. The company name is based on the physicist and inventor Nikola Tesla.
According to Tesla's latest financial reports and stock price the company's current Operating Margin is 8.98%. At the end of 2023 the company had an Operating Margin of 10.47%.
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.