nshadow4751 nshadow4751

14-05-2024
Business

Answered

Tesla's common stock is selling for $17.50 a share. The company has earnings per share of $.79 and a book value per share of $42.50. The market-to-book ratio is 2.43. Which of the following is true regarding Tesla's financial performance:
A. Tesla hasn't been able to meet its sales expectations
B. Tesla hasn't been able to create value for its shareholders
C. Tesla stock price has a good demand from investors
D. Tesla incorrectly priced its stock during IPO Feedback

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