Q1 2024 was the fifth successive quarter of y-o-y decline in Tesla's group operating margin as it fell 5.9 points to 5.5%. The decline reflected an 8.7% drop in group revenue as the automotive division reported a 9.8% drop to US$19.7bn and the contribution by the energy generation and storage operation rose 6.9% to US$1.63bn.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?
