Teslas net margin is 1.89 %. "Investing" does not reduce that net margin. Investments in machines/equipment for example don't reduce earnings. Depreciation does.
https://www.macrotrends.net/stocks/charts/TSLA/tesla/net-profit-margin
"their profit margins on each vehicle are higher than any other mainsteam auto manufacturer "
ahem no that is not true. They are small no matter what margin definition you are using. No other OEM uses Teslas "automotive margin" definition.
Toyota for example has a net margin of 5.51 % That is 2.91 times higher than Teslas net margin. And Toyota sold over 10 million vehicles last year. Tesla like 370K.
Wh/km makes only sense if you compare vehicles that are similar in size, weight interior etc. At this point in time range is more important for many people than Wh/km
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