Tesla Shareholders Q&AQ1 2026 Earnings Q&A · Asked by Daniel Rourke ·
What drove the sequential improvement in automotive margin this quarter?
1 answer
Tesla Shareholders Q&AQ1 2026 Earnings Q&A · Asked by Daniel Rourke ·
Three things, in order of impact: cost-downs on the 4680 ramp, freight normalization, and software mix. The margin floor everyone worried about is behind us — we said we'd manage through the pricing actions and the data now shows it.