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TM 30 percent gross profit margin requirement.

TM 30 percent gross profit margin requirement.

For Musk to receive the $1.6 billion, he needs to boost Tesla’s value another 28 percent, to $43.2 billion. He also has to maintain a 30 percent gross profit margin for four quarters, bring the car-maker’s aggregate production to 300,000 vehicles and bring the Model 3 to market.

DTsea | April 18, 2016

And?

blue adept | April 22, 2016

Nothing like a little incentivisation to get the gears greased and the wheels turning.