Question

Interpret the the gross margin for Tesla 2013-2017 as follows: Year Gross Margin 2013 22.65% 2014...

Interpret the the gross margin for Tesla 2013-2017 as follows:
Year Gross Margin
2013 22.65%
2014 27.57%
2015 22.81%
2016 22.84%
2017 18.90%

Homework Answers

Answer #1

Solution:

Tesla is an American electric and clean energy company based in California, America. Their main products are electric car, solar products and related products and services.

Gross margin is the difference between revenue and cost of goods sold divided by revenue.

Interpretation:

Compared to 2013 Tesla achieved a 21.7℅ of growth for gross margin in 2014,after that the same growth reduced by 18 ℅. From 2015 to 2016 Tesla maintained a constant level of gross margin. From 22.84℅ in 2016 again decreased to 18.90℅ in 2017.It has been more clear from the analysis that Tesla produced the high gross margin in the year 2014 that is 27.57℅ and in the companies perspective 2017 is the worst year with the low gross margin.

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