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What is the primary input used to evaluate a capital budgeting project? What is the main criticism associated with using the payback period or IRR

  1. What is the primary input used to evaluate a capital budgeting project?
  2. What is the main criticism associated with using the payback period or IRR as an investment evaluation tool?
  3. Why is Tesla expanding in Nevada and not California?
  4. How does the introduction of Tesla Semi have on its capital budgeting decision?
  5. How this deal may affect Tesla's capital budgeting decision when the Gov.Joe Lombardo approved for $330 million in tax abatement in return for investing an additional $3.6 billion into the company's Nevada operations?

https://www.cnbc.com/2023/01/24/tesla-plans-to-spend-3point6-billion-more-on-manufacturing-in-nevada.html

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