Analyst Says Be Wary Of This With Regards To Tesla Model 3 A large new report from Bernstein’s Toni Sacconaghi goes in depth on Tesla's future prospects. According to it, Model 3 margins will be the single most important indicator of the company's health. Since Model 3 production will be a large chunk of Tesla's short term revenue, this sounds like a pretty reasonable conclusion. Interestingly, this 25% figure is much higher than one Elon had originally forecasted. Of the top of my head, I believe he had said to expect something like a 17% gross margin on the Model 3. Later, he increased this significantly to 25%.