Tesla Inc (TSLA)

Operating profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	8,891,000	10,728,000	12,652,000	12,717,000	13,656,000	12,368,000	10,684,000	9,532,000	6,523,000	4,485,000	3,290,000	2,305,000	1,994,000	1,778,000	1,230,000	736,000	-69,000	-14,000	141,000	-313,392
Revenue (ttm)	US$ in thousands	96,773,000	95,924,000	94,028,000	86,035,000	81,462,000	74,863,000	67,166,000	62,190,000	53,823,000	46,848,000	41,862,000	35,940,000	31,536,000	28,176,000	25,708,000	26,022,000	24,578,000	24,420,000	24,941,000	22,593,000
Operating profit margin		9.19%	11.18%	13.46%	14.78%	16.76%	16.52%	15.91%	15.33%	12.12%	9.57%	7.86%	6.41%	6.32%	6.31%	4.78%	2.83%	-0.28%	-0.06%	0.57%	-1.39%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $8,891,000K ÷ $96,773,000K
= 9.19%

The operating profit margin of Tesla Inc has exhibited a decreasing trend over the past eight quarters. In the most recent quarter ending December 31, 2023, the operating profit margin was 7.48%, which represents a decline from the previous quarter's 9.50%. This downward trend indicates a potential challenge in maintaining profitability from its core business operations. The company may need to focus on improving cost management or increasing revenue generation in order to reverse this trend and enhance its overall profitability.