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Cost of debt Tesla (from the footnotes to the financial statements) 2.16% Beta for Tesla (from Yahoo or other financial sources) 2.00 Normalized risk free

Cost of debt Tesla (from the footnotes to the financial statements) 2.16%
Beta for Tesla (from Yahoo or other financial sources) 2.00
Normalized risk free rate of return in the market (observing the 10 rate on government issued securities) 2.50%
Equity risk premium (from historical studies of the market) 5.00%
Market value of debt (use book or amount disclosed in the footnotes if different) $ 11,739
Number of common shares outstanding 963
Market price of the common stock on July 12, 2021 $ 683.00
Market value of equity (number of shares times the stock price) $ 657,729

Please remember that Beta is a measure of risk that consequently drives the cost of equity number and the weighted average cost of capital. Please review Teslas beta and comment on whether you believe this to be an accurate representation of Teslas risk.

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