Question: Tesla Inc. has been going through a very aggressive growth phase. Because of this, the company has never declared dividends on its common stock. Management

Tesla Inc. has been going through a very aggressive growth phase. Because of this, the company has never declared dividends on its common stock. Management also intends on retaining all future earnings to finance current and future growth and therefore, do not anticipate paying any cash dividends in the foreseeable future. The companys shares are currently valued at $420.43 each and the current earnings per share are $0.90. The number of common shares issued and outstanding is 933.54 million. The estimated sales total for the current quarter is $9.7 billion. The companys earnings forecast for the next 12 months are as follows: - A median estimate of a decrease of 9.62% - A high estimate of a 90.3% increase - A low estimate of a 90.5% decrease Based on the earnings forecast, calculate the median, high and low values of Teslas shares 12 months from now.

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