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Tesla, a tribute to electrical engineer Nikola Tesla, is an American electric vehicle and clean...

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Finance

Tesla, a tribute to electrical engineer Nikola Tesla, is an American electric vehicle and clean energy company founded in 2003. Please find Teslas Consolidated Statements of Operations from 2008 to 2020 in a separate excel file. Calculate the annual percentage change from one year to the next for each year for: X1: Total Revenues X2: Total Cost of Revenues X3: Total Operating Expenses You will estimate the Income (Loss) from Operations for 2021. Treat X1, X2, X3 as a random variable for 2021. Assume that each of these variables will increase from 2020 to 2021 by a random percentage that is picked from among the percentages calculated earlier with equal probability. Run the simulation for 1000 times and provide a probability distribution for the Income(Loss) from operations for 2021. Excel Help: You need to generate random variables. Enter =RAND() in, say, cell A1, and Excel will return a random variable between 0 and 1. Each time you press enter on cell A1, this number will change. Entering =IF(A1<.25,100,IF(A3<.5,200,IF(A3<.75,300,400))) will return one of the following numbers with equal probability: 100 or 200 or 300 or 400.

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