• Tesla average operating margin for 2024 was 7.44%, a 38.77% decline from 2023.
• Tesla average operating margin for 2023 was 12.15%, a 24.67% decline from 2022.
• Tesla average operating margin for 2022 was 16.13%, a 79.42% decline from 2021.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.