the new technology, purchased 40% of Hyundai's outstanding shares. Hyundai has granted Tesla the ability to appoint 3 board members (out of the 5 seats). Tesla will also begin purchasing all of their car batteries from Hyundai going forward, which will be significant.

Select the best accounting method to use for this investment. Equity Method Proportionate consolidation FVTOCl Amortized Cost FVTPL Consolidation