I need help with my week 3 dicussion for my Financial Management and a Respond to 2other classmates

Although by comparing the last five years, 2018 was the best year Tesla had in terms of revenue, and cost of revenue, followed by a big drop in 2019, the trend since then is on an upward curve. The COGS figure from the Income Statement for Q3 2021 versus Q3 2020 has recorded an increase of 50.52% for an increase of revenues of 56.85% for the same period. Therefore, much lower costs for higher sales. The higher sales were achieved by lowering the ASP of cars from 90,000 in 2018 to a decrease of 6% YOY, so the lower ASP vehicles became a larger percentage of Tesla mix (Tesla, 4). The increased number of deliveries, the lower ASP of cars, and the cost reduction positively impacted the company profits. The company declared in Q2 2019 their intentions to continue to make progress in reducing the cost of the product, including through volume growth (fixed cost absorption), lowering material cost, reduction of labor hours per vehicle, and reduction of logistics costs (Tesla, 4). The Shanghai factory, where the production has carried well since its opening in 2020, is a site where the labor cost, a main component in the COGS is significant much lower than for the US factory in California.