Tesla is about to overtake companies like BMW who have existed for 100 years. They already outsell Porsche.
And without having entered into major markets like Pickups, Semis and a number of others.
And they make their margin on EV, while many other companies simply lose money on EV and simply hide that fact. Or make minimal margin on the cars and lose money on EV overall.
Only a few years ago it was widely believed that you can't make money on EVs.
Another concept to look at for margin comparison is the fact all the other manufacturers are still playing the dealer network game. Lots of the profits on the cars aren't going to the old manufacturers, it's going to the local dealers.
Tesla doesn't have dealers, so all the dealer profits go to Tesla.
Teslas are still a luxury vehicle so it’s no surprise they’re able to fetch higher margins than say, Toyota, who’s main sales are economy cars.
Apples to apples and all.