Here's How Much Profit Tesla Makes on Each EV It Manufactures (Spoiler Alert: The Number Is Still Shrinking)

22 Oct 2023 | Abstracted from Fool.com

"To be clear: Tesla is still making tons of money on every electric vehicle it produces....Tesla's average revenue per delivered vehicle came in just a tad above $45,100, with the lower-cost Model 3 and Model Y cars accounting for over 96% of those deliveries. The average production cost per electric vehicle rolled in at just under $36,680...That translates to an average gross profit of $8,431 and an overall net profit of $5,328."

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