The book value of Tesla is $6.66 billion. The book value and market value of equity for Tesla are far apart because:

A) Book value represents management quality, while market value represents investors' sentiments.

B) Market value adds back cash items and accounts for capital expenditures.

C) The market value represents investors expectations about future growth, while book value represents the net worth of the firm from an accounting perspective.

D) Book value is an accounting-based number that allows for real-time depreciation.