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Comparing Tesla s performance to other car companies ( 9 points ) A . How does Tesla s profitability compare to other car companies? (

Comparing Teslas performance to other car companies (9 points)
A. How does Teslas profitability compare to other car companies? (6 points)
To answer this question, you will look at Teslas return-on-assets (a measure of profitability) compared to the return-on-assets (ROA) of the auto industry. Create two comparisons (1) Teslas ROA vs. the industry
average ROA for each year and (2) Teslas ROA vs. each companys ROA in 2022.
Return on Assets (ROA)= Net Income/Average Assets: an indicator for how profitable the company is

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