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Tesla EPS Forecast $2, Shares Slip as CA Deliveries Fall

4/23/2026

27 5 Full Breakdown

Summary

Tesla Earnings

X investor projects Tesla's 2026 earnings per share to rise to $2.00 from $1.90.
He warns the 2026 P/E could fall from 204× as unsupervised FSD and Robotaxi slip to late 2026.
Attorney Ross Gerber urges refunds for customers who bought FSD v14.3 if it lacks unsupervised autonomy.
Tesla delivered 31,958 California vehicles in Q1 2026, over 10,000 fewer than Q1 2025, while its shares fell to $386.30 after hours.

Summary

Tesla Cash Flow

Tesla reported $1.44 billion free cash flow in Q1, pulling $3.94 billion from operations and ending with $44.74 billion in cash and short-term investments.
The company raised its annual capex target to over $25 billion and expects negative free cash flow for the rest of 2026.
Unsupervised robotaxi rides began in Dallas and Houston in April, with plans to add five cities in Arizona, Florida and Nevada by year-end.

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Tesla Earnings

X investor projects Tesla's 2026 earnings per share to rise to $2.00 from $1.90.
He warns the 2026 P/E could fall from 204× as unsupervised FSD and Robotaxi slip to late 2026.
Attorney Ross Gerber urges refunds for customers who bought FSD v14.3 if it lacks unsupervised autonomy.
Tesla delivered 31,958 California vehicles in Q1 2026, over 10,000 fewer than Q1 2025, while its shares fell to $386.30 after hours.

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