Evaluate an investment in a new manufacturing plant for Tesla using NPV, IRR, and payback period methods.

Investment Components	Initial Investment ($)	Annual Cash Flows ($)	Project Life (years)	Discount Rate (%)
Manufacturing Plant	500,000,000	120,000,000	6	9%

Requirements:

Calculate NPV and IRR based on projected cash flows and discount rate.

Determine the payback period for the investment.

Conduct sensitivity analysis to assess impact of changes in production volume.

Provide recommendations on proceeding with the investment.