The 10-Q for the quarter will be released in about four weeks; a better understanding of the Q2 results then. Yahoo! Finance survey of Tesla analysts recently showed a Q2 consensus of ($0.55) non-GAAP earnings per share. That figure was a positive $0.55 EPS just two months earlier.
Non GAAP results are presented to investors as a reconciliation between adjusted and regular results.
Acquisitions and other 1 time expenses are examples of adjustments. Non GAAP has a smoothing effect on earnings volatility.
They must be presented as Non GAAP.
Ive heard all about them failing for the last 7 years. Analysts have been laughably off for years ignoring milestone after milestone
So far year to date they outsold BMW in the states in passenger autos, and have the number 10 selling passenger car.
Goodbadcar has all the data.