• Tesla average ebitda margin for 2023 was 16.75%, a 20.35% decline from 2022.
• Tesla average ebitda margin for 2022 was 21.03%, a 40.86% decline from 2021.
• Tesla average ebitda margin for 2021 was 14.93%, a 14.76% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.