Shareholders must shift their attention away from robotaxis and humanoid robots.

Tesla ( TSLA -2.73% ) shares have climbed 186% and 2,710% in the past five- and 10-year periods (as of Oct. 10), respectively, monster gains that have been driven more by the market buying Elon Musk's vision than looking at the company with a rational view. This is clearly a story stock .

This business gets a lot of attention based on what it could become one day. Tesla shareholders should instead focus on the present situation. Here's one key number to keep an eye on.

Tesla is still a car company

Investors must keep tabs on the company's automotive gross margin . This important metric indicates Tesla's pricing power and the health of the core operating activity, which is selling elect

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