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Here is a brief summary of Tesla (TSLA)'s 2017 annual report: Income Statement 2017 Revenue: $11.8 billion Operating Costs: $13.4 billion Taxes: $0 Dividends: $0

Here is a brief summary of Tesla (TSLA)'s 2017 annual report:

Income Statement 2017

Revenue: $11.8 billion

Operating Costs: $13.4 billion

Taxes: $0

Dividends: $0

Balance Sheet 2017

Total Assets: $28.6 billion

Total Debt + Other Liabilities: $24.4 billion

Total Equity: $4.2 billion

Assuming a 40% growth rate in 2018 for sales, costs, and assets, compute Tesla's EFN.

Options:

  1. $3.2 billion
  2. $9.6 billion
  3. $5.6 billion
  4. $13.7 billion
  5. $1.8 billion

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