• 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.
• Tesla average operating margin for 2021 was 8.99%, a 77.67% increase from 2020.

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.