Income Statement Line Item for Tesla

• Revenue (aka Sales, Turnover)
• Cost of Goods Sold/Cost of Sales
• Selling, General and Administrative Expense
• Gross Profit
• Operating Profit
• Net Profit

What does this line item or ratio measure and why is it important item for Management to understand this number?

1. Identify the past 4 years of amounts for Telsa line item. 

What is Telsa trend for this line item or ratio?

Has the line item increased or decreased?

Is this a "good" thing or a "bad" thing for Telsa?

• What might management do to improve this line item or ratio?