Automotive sales are the most critical segment for Tesla, with over $71.4 billion in revenue from automotive parts; most of the gross profits come from automotive sales, with over $20 billion in gross profits, or a 28.5% gross margin.
Tesla’s business model completely shifted in the last five years, as the company moved from so-called production hell to scale-up manufacturing for its cars.
This also changed its cost structure slightly.
Making the automotive segment critical, followed by other segments like energy storage and generation.
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How did Tesla use a transitional business model to thrive?