Tesla, Which Has First Model S Sales Decline Since 2012, Explained In Three Charts

Tyler Durden's picture

While Tesla's financial results will hardly be much discussed by either the bulls or bears who follow the company - because it is one of the last remaining "story" stocks - and most will instead focus on the fact that Tesla sold 6,457 Model S cars in the quarter, down 6% from the 6,892 sold in Q4 2013, and the first sequential sales decline since 2012 (Is Tesla about to be Twittered?), here are, for the purists, the only three charts that matter.

First, the EPS. And since we focus on purists, we show both GAAP and non-GAAP EPS:

Second, here is the GAAP and non-GAAP revenues. Yes, Tesla reports non-GAAP revenue:

And finally, Tesla's Free Cash Flow: Q1 was the worst quarter in terms of cash burn since 2012.