Tesla, Inc. released the following income statement data for the year ended December 31, 2023:

Item	Amount (in millions)
Automotive Revenue	$72,363
Energy Generation and Storage Revenue	$10,983
Total Revenue	$83,346
Cost of Revenue	$55,458
Gross Profit	$27,888
Operating Expenses	$11,706
Operating Income	$16,182
Interest Expense	$1,255
Income Before Taxes	$15,093
Income Tax Expense	$3,528
Net Income	$11,565

a. Compute Tesla, Inc.'s gross profit margin. b. Determine the operating income margin for Tesla, Inc. c. Discuss the impact of Tesla, Inc.'s operating expenses on its profitability. d. Analyze the net income trend for Tesla, Inc. compared to its competitors in the automotive industry.