Tesla Inc. has the following financial information for 2020 (in millions): Sales = $2, Net...
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Tesla Inc. has the following financial information for 2020 (in millions): Sales = $2, Net income = $0.4, Dividend payment = $0.1 Current assets = $0.4, Fixed assets = $3.6 Current liabilities = $0.2, Long-term debt = $1, Common stock = $2, Retained earnings = $0.8 What is Teslas sustainable growth rate? If 2021 sales are projected to be $2.4 millions, what is the amount of external financing needed, assuming Tesla is operating at 100% capacity, and profit margin and payout ratio remain constant?
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