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Compute the bottom up beta for Tesla. It operates in three industries Auto&Trucks (70%), Software (Syst&Appl) (20%) and Green and Renewable Energy (10%). Its debt-to-equity

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Compute the bottom up beta for Tesla. It operates in three industries Auto\&Trucks (70\%), Software (Syst\&Appl) (20\%) and Green and Renewable Energy (10\%). Its debt-to-equity ratio is 3.5% and marginal tax rate is 24%. Using industry-level unlevered betas (corrected for cash) from the file 'betas' in Week 4 materials folder, please answer the following questions. (Correction for cash creates a slightly cleaner industry beta by purging a 0 -beta cash asset.) Question 1 5 pts What is the unlevered beta for Tesla? 0.66 0.49

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