Tesla Inc. (NASDAQ:TSLA) delivered a stronger-than-expected first quarter, posting earnings of 41 cents per share against Wall Street’s 37-cent estimate, while revenues climbed 16% year over year, though they fell short of consensus on the top line. 

But the numbers that really stood out were elsewhere.

TSLA stock is moving. See the chart and price action here. 

Operating cash flow came in at $3.9 billion, and free cash flow, widely expected to turn negative, surprised to the upside at $1.4 billion. Gross margins of 21% also cleared the Street’s 17% expectation by a wide margin.

The bigger story, however, is Tesla's transition.

From Automaker to AI Robotics Company

“There is a lot to be excited about, the transition from an automaker to becoming an AI robotics company is well ...