AUTFaculty of Business,Economics and LawProfessional Masters(Incorporating the Postgraduate Diploma in Marketing,thePostgraduate Diploma in Applied Finance and the PostgraduateCertificate in Business Studies)Accounting for Financial and Managerial Decision MakingACCT 8682022Assessment 1Individual assignmentDue Date5pm on Saturday 29th January 2022Weighting50%TypeIndividualLength2,500 words (excluding reference list)SubmitElectronic Copy via AUTonlineAssignment QuestionYou has been asked to evaluate Tesla,Inc.as a potential investment option for yourclient.Your client was particularly interested in investing in high technology industry.Heis unsure about this investment as he has heard about the stiff competition,redundancies,and COVID 19 pandemic that have impacted on the business performancefor the last three years.He is seeking assistance from your group to evaluate Tesla'sfinancial and non-financial performance to decide on the viability of this investment of$1 million.1Your senior manager has approached your group to provide a report regarding Tesla thatcontains both financial and non-financial information.The purpose of this report is toassist the client in making an investment decision of $1million in Tesla.In particular,themanager has emphasized on the following information for your report:A brief overview of the business;Some historical highlights,both good and bad;.Financial performance over the last three years(2018,2019,2020)andincluding comments regarding their profitability,liquidity and long termsolvency;Other important financial information including share prices,dividends and otherrelevant information;Important non-financial information (where applicable):e.g.management andoperational,corporate governance,social responsibility,international anddomestic competition,and risk assessment.Highlight the impact of COVID 19 Pandemic on the company.Your evaluation and final recommendation to the client to invest or not toinvest in Tesla with justification.INSTRUCTIONS1.This is an individual assignment.2.Your evaluation should be analytical and not descriptive.Use the information givenat the end of this file.Support your evaluation and discussion with relevant examplesand appropriate secondary information from your own research where appropriate.You are required to use your own words and avoid 'cut and paste'in your writing.3.Marking Criteria is shown below-marks will be awarded for:a.Addressing the taskb.Evaluation,analysis and discussionc.Structure/organisationd.Written communication:e.g.correct spelling,grammar,structure,properpage numbers and references used.4.Any query relating to the assignment should be directed to the discussion forum onBlackboard.5.This assignment must be a Word document,single-sided with 1.5 line-spaced using12 font Arial/Times.Leave at least 2.6cm margins.6.This assessment use APA 7th Edition.This applies to both in-text references and thefull reference list.You are required to provide at least five references fromprofessional reports and articles published in leading journals and media within thelast five years.Use of Wikipedia and unverified sources are not acceptable.References and quotations taken from other authors must be properlyacknowledged at all times using APA referencing.7.Students must familiarise themselves with AUT's Rules and Regulation regarding thisassignment as spelt out in the Business Assessment and Study Handbook.Thehandbook is available online from "My Organisations"on Blackboard(https://blackboard.aut.ac.nz).8.The length of the assignment is 2,500 words (excluding title page,table of contents,headings,reference list).