Tesla CFO says energy gross margin rose to 33.1%

Tesla CFO says energy gross margin rose to 33.1%

N
News Editor
2026-10-21 21:51:45
Tesla Chief Financial Officer said the company’s energy business gross margin increased from 20.4% to 33.1%. According to the executive, the improvement was mainly driven by tariff refunds and adjustments to warranty expenses. The update points to a notable change in profitability within Tesla’s energy segment, based on the figures cited in the statement. No other details were disclosed in the brief.

According to ChainCatcher, Tesla’s chief financial officer said the company’s energy business gross margin rose from 20.4% to 33.1%, mainly due to tariff refunds and adjustments to warranty expenses.

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