On Fri, Nov 18, 2022 at 3:24 PM Eli Zaretskii <eliz@gnu.org> wrote:
 
That is a separate bug, IMO.  Is this because in Fload we set 'found'
to the file name of warnings.el/.eln in this case?  If so, we should
prevent this nonsense.

The bug is the consequence of maybe_swap_for_eln calling `display-warning', which initiates a recursive Fload while user-init-file is still t, so Fload "records" the current file name.

The easiest fix in my view is to use delayed warnings and avoid the recursive Fload.

diff --git i/src/lread.c w/src/lread.c
index c28324dc35..2a57f72194 100644
--- i/src/lread.c
+++ w/src/lread.c
@@ -1742,10 +1742,13 @@ maybe_swap_for_eln (bool no_native, Lisp_Object *filename, int *fd,
                                               Qnil, Qnil)))
                return;
-             call2 (intern_c_string ("display-warning"),
-                    Qcomp,
-                    CALLN (Fformat,
-                           build_string ("Cannot look up eln file as "
-                                         "no source file was found for %s"),
-                           *filename));
+             Vdelayed_warnings_list
+               = Fcons (list2
+                        (Qcomp,
+                         CALLN (Fformat,
+                                build_string ("Cannot look up eln "
+                                              "file as no source file "
+                                              "was found for %s"),
+                                *filename)),
+                        Vdelayed_warnings_list);
              return;
            }