Tesla's operating margin by quarter 2019-2023
In the fourth quarter of 2023, the operating margin of Tesla was 8.2 percent, up from 7.6 percent in the previous quarter. The previous drop in the operating margin was partly due to increased Cybertruck expenses and Tesla's investiments in Artificial Intelligence. Tesla's earnings topped estimates in the second quarter of 2021 with net income exceeding one billion U.S. dollars for the first time.