Analysts began to worry about Tesla's profit margin.

Since its establishment, Tesla has never been profitable continuously. Although the company's revenue has been increasing, the high R&D investment, manufacturing and operating costs have not been fully compensated. In addition, Tesla has been expanding its sales network and production capacity. With the expansion of its product line, including electric cars, trucks and solar panels, this strategy will have a significant impact on the company's profit margin.

Tesla's profit margin in the past year is worrying. In the first quarter of 20 19, Tesla achieved a gross profit margin of 2.2%, and the profit margin increased in subsequent quarters, but it was still below 4%. Although innovation and technology have led to the establishment of Tesla brand, the financial situation is still uncertain.

Recently, due to the epidemic situation and the interruption of the industrial chain, Tesla's production line has also been under some pressure. For example, in the first quarter, Tesla's output and sales orders were very different, and it was difficult to achieve profitability in the end. In addition, after having multiple production bases around the world, Tesla's operating expenses will also increase substantially. Due to the impact of overseas low-cost production, Tesla's gross profit margin will face the risk of decline.

However, Tesla's market value and share price seem to be decoupled from the fundamental information behind the company. Experience shows that the valuation of a company is not entirely related to its past performance, but depends on the confidence of shareholders in the future growth potential of the company. Last year, Tesla's share price soared by more than 400%, pushing its total market value to 67 billion US dollars, making it the most valuable automobile company in the world.