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Tesla (TSLA) pulled questionable levers to make Q1 2026 financials look good

  • Electrek faviconElectrek

    By Fred LambertApr 22, 2026, 5:19 pm308 ptsTop
    photo of Tesla (TSLA) pulled questionable levers to make Q1 2026 financials look good imageTesla’s Q1 2026 earnings beat looks impressive on the surface — 21.1% gross margin, 136% operating income growth, $0.41 non-GAAP EPS. But dig into the shareholders’ letter and a pattern emerges: Tesla pulled every accounting and financial lever available to make a stagnant quarter look like a turnaround.…
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