Tesla Warns of Margin Pressure from Affordable EV Models
Investors await Tesla’s July–September earnings report for insights into profit impacts from lower-priced electric vehicles.
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Terms & Concepts
Profit Margin: A measure of a company's profitability, calculated as net income divided by revenue, indicating how much profit is generated per dollar of sales.
Electric Vehicle (EV): A vehicle powered entirely or partly by electric motors using energy stored in rechargeable batteries.