(a) Estimate the Cost of Equity for Tesla.

(b) Estimate the Cost of Debt for Tesla.

(c) Estimate the Weighted Average Cost of Capital for Tesla.

(d) Using any of the valuation models and your previous forecasts to estimate the firm value for Tesla.

(e) Compare the estimated firm value with the current share price of Tesla.

Tesla Free Cash Flow to Capital \begin{tabular}{|l|cccccccc|} \hline NOPAT & 1398.3 & 5924.3 & 12489.7 & 12776 & 15560 & 16334 & 14820 & 12482 \\ \hline less Change in WC & -1686.0 & -4006.0 & 2416.0 & 727 & 112 & -483 & 1247 & -234 \\ less Change in LTA & 2797.0 & 9006.0 & 4347.0 & 3449 & 8742 & -3183 & 2349 & 2340 \\ \hline Free cash flow to capital & 287.3 & 924.3 & 5726.7 & 8601 & 6706 & 20000 & 11224 & 10376 \\ \hline \hline \end{tabular} Ratio Analysis Number of Shares EPS ROE RNOA FCF Equity Growth FCF Capital Growth NOA Growth Net Income Growth Revenue Growth (\%) Data sourced from Tesla 10-Ks Tesla Free Cash Flow to Capital \begin{tabular}{|l|cccccccc|} \hline NOPAT & 1398.3 & 5924.3 & 12489.7 & 12776 & 15560 & 16334 & 14820 & 12482 \\ \hline less Change in WC & -1686.0 & -4006.0 & 2416.0 & 727 & 112 & -483 & 1247 & -234 \\ less Change in LTA & 2797.0 & 9006.0 & 4347.0 & 3449 & 8742 & -3183 & 2349 & 2340 \\ \hline Free cash flow to capital & 287.3 & 924.3 & 5726.7 & 8601 & 6706 & 20000 & 11224 & 10376 \\ \hline \hline \end{tabular} Ratio Analysis Number of Shares EPS ROE RNOA FCF Equity Growth FCF Capital Growth NOA Growth Net Income Growth Revenue Growth (\%) Data sourced from Tesla 10-Ks