f Tesla has 180 million shares outstanding and each share of Tesla trades at $800. The book value of equity for Tesla is $37 per share. In the most recent quarter, Tesla las $12.95 billion in debt and $6.07 billion in cash holdings. The book value of Tesla is $6.66 billion. The book value and market value of equity or Tesla are far apart because: The market value represents investors' expectations about future growth, while book value represents the net worth of the firm from an accounting perspective. Book value is an accounting-based number that allows for real-time depreciation. Market value adds back cash items and accounts for capital expenditures. Book value represents management quality, while market value represents investors' sentiments. If Tesla has 180 million shares outstanding and each share of Tesla trades at $800. The book value of equity for Tesla is $37 per share. In the most recent quarter, Tesla has $12.95 billion in debt and $6.07 billion in cash holdings. The market capitalization (market value of equity) of Tesla is $67.00 billion \$103.60 billion $144.00 bilion $479.15 billion