Tesla’s record Q1 powered by increased gross margin, average cost decreases

Tesla’s record first quarter in 2021 was powered by several things, but it all came down to the numbers, as usual. The automaker, coming off of its best quarter in terms of deliveries and production figures, was able to mark down significant gains in automotive gross margin while decreasing costs of production. This ultimately led … Continue reading Tesla’s record Q1 powered by increased gross margin, average cost decreases