Tesla Q1 2024 earnings results misses on all counts, stock rises after hours

- Tesla (TSLA) released its Q1 2024 earnings report - Challenges in Q1 included production and delivery numbers below expectations - Total revenue was $21.3 billion, with $17.3 billion from automotive revenue - Non-GAAP EPS was $0.45, GAAP EPS was $0.34 compared to the expected $0.52 - Operating income decreased to $1.2 billion with a 5.5% margin - Quarter-end cash was $26.9 billion, with $2.5 billion negative free cash flow - TSLA stock price increased by 5.75% following the earnings report.