Part 3/14:
One of Tesla's standout metrics is its Sales, General & Administrative (SG&A) costs per vehicle, which are estimated to be 60–70% lower than traditional auto industry rivals. This impressive efficiency stems from tight integration across sales, service, and dealership networks, giving Tesla a marked competitive advantage in cost structure and operating margins. Musk pointed out that this efficiency—more so than gross margins—positions Tesla to scale profitably.