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The market capitalization (i.e., the market value of equity, which is the share price shares outstanding) of Tesla is around 600 billion. The book value

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The market capitalization (i.e., the market value of equity, which is the share price shares outstanding) of Tesla is around 600 billion. The book value of equity of Tesla as of the end of 2022 is only 44 billion. Why do these two diverge so much for Tesla

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