MM109: Why Tesla shares could rally over 1,000% & Goldman Sachs feels the pain
Market Maker
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The Automotive Industry's Gross Profit Margin
The share price was up 65% on the year, like since January. But for sure, off 10%, let's talk about this gross profit margin thing first. The big story of these earnings is that Tesla has an incredibly high gross profit margin. So this is obviously a good thing, like best in class by a country mile.
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