Price

And there is a little bit of a negative feedback, if price goes up.

Then auctions like eBay are another example of dynamic pricing.

They want to encourage high volume purchases, and so they have stepped pricing that is oriented to create volume.

Par value

Redemption

Present value

Present values

Future value

Dr. Price?

Wenneck, Price, Garner.

I could actually price on specific customer segments or on features I know they need.

How could you have prices that kind of move?

And we see that the last trade here was for 2.58.

It has been made possible, by the way, for certain other different reasons.

Alright?

If you ever think about it, pricing that you negotiate yeah, we kind of have this price on paper, but that's just the starting point of the conversation.

It's the best price that someone's willing to give you for something.

The goal of Tesla has always been to have a sort of three step process, where version one was an expensive car at low volume, version two is medium priced and medium volume, and then version three would be low price, high volume.

It's not about low cost.

And that caused housing prices to go up.

And so the first of these that I will focus on the first is the price of competing products.

For any given price, it's going to lower the quantity demanded.

See...notice I get my axes confused

Let's say a guy invents a better light bulb.

The price of admission.

It turns out we made this pretty easy.

And this is very relevant to what's going on in the world today.

And so, we're in a wonderful situation with electricity in the rich world.

I said the price doesn't tell you much.

But there are two types of prices.

It is traded.

That sounds about right. It's within the right range at least.

You would be correct that Company B was cheaper.

She's too young for this.

And you know that it's going to be 100.

Next thing I learned from Steve Jobs is

So technically I guess prices can be rounded off to the nearest cent.

Because batteries life cycle improve a bit of improvement on energy density, which reduces the price.

So that's fine.

Anyway, going back to Price to Earnings, we calculated the

1x minus 0.25x.

Preston promised his car would sell for 1,000.

(GUNSHOT)

Today as the spike in the price of oil