TSLA · News · 20260807N

Gross Margin Drivers

Tesla, Inc. · 2026-08-07 · Importance 41 · Surprise 48

Tesla’s second-quarter gross margin declined to 16.83%. Operating margin fell to 1.41% in the same quarter. The margin pressure was attributed to weaker automotive profitability despite second-quarter revenue growth of 26% year over year.

Key facts

• Megapack segment gross margin was 20.4% compared to the automotive business gross margin of 16.9%. source