Tesla’s shady Q1 results (real GAAP EPS at $0.12 or 65% below reported EPS)
RedditDeferred FSD Revenue Recognition May Have Boosted Q1 Profits Significantly Tesla’s Q1 revenues missed by 2.3% and non-GAAP EPS was 8.2% below estimates (see Figure 3). This was not as bad as had been feared and the stock ripped upwards by 13.3% in afte…