$TSLAQ. This is a reconciliation of the operating section of the cash flow statements for Q4 2019 to Q1 2020. I did this analysis as a road map for the fraud. The Operating Section of the cash flow statement is a reconcilement of the income statement to cash. (1/8)
The reconcilement process takes non cash expenditures (depreciation, stock-comp etc) adds the balance back to net income/loss. There are also adjustments for current assets and liabilities. Current asset increase/cash decreases. Opposite for liabilities. (2/8)
If there is nothing to terribly wrong with the accounts, the beginning balance +/- the change should come close to the ending balance of these accounts. There are always differences just due to consolidation. (3/8)
Large differences should be associated with new classifications of accounts or accounting change of standard or estimates. No changes but large discrepancies are a problem. There were no major accounting or classification changes this quarter. (4/8)
Attached is the spread. The blue numbers are not terribly bad. The orange numbers are accounting areas where there are problems. These are 90 days only point to point from 12/31/19. Yellow is non cash so no adjustments. For 90 days only, there is a $429m variance. (5/8) 
This means the cash payments made to or from these accounts do not support their capitalized amounts. They are all expense related accounts. Note that accrued expenses are combined with accounts payables. Its balance variance is attached. (6/8)
The accrued liability decreased by $397m. Expenses are generally accrued before being paid. Magically, there were 12% fewer accrued for the quarter. Validating revenues is more difficult so it still could be an Enron, but these look just like HealthSouth & Worldcom. (7/8)
One more thin reed fraud moment. If you download the XLS format from the Tesla IR site for Q1, the itemized cash flow is not available. The 12/31 has it included. (8/8)
