What's the yield?

The yield. Come on.

So let me switch colors just to ease the monotony.

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

That's half our supply!

And we also assign a value to the company given by the operating revenue.

It's just a faster way of saying

So this is kind of a Sal special ratio, but it's a useful one to think about.

looks neutral.

Maybe it goes to 2 in 2010.

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.

Fortythree percent of reserves.

Chernobyl, Bhopal, the Challenger,

Here's a diagram of the PCB load of dolphins in Sarasota Bay.

Obviously a 6 Price to Earnings of 20 times 2013 earnings isn't as good as a 6 Price to Earnings of 2010, because earnings in the future aren't worth as much as earnings today.

So you say, they both deserve a price to earnings of 10.

So a lot of people immediately will figure out the Price to

So in 2013 you'll be making 16.

That's 0.35 per share of EPS.

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

So something very interesting is happening.

This is 2009 estimates.

But it is just like a stock.

We're trying to reduce the prison population.

Then there's an important military role.

And B is expected to make 4 per share.

That was a bit of a diversion.

Why wouldn't I just pour all of my money?

Which it seems like a really good deal, because now the

We'll pick it up.

And actually, manual labor takes less time.

It turns out we made this pretty easy.

Show the total disk space of the share.

Enable Chromatic Aberration correction

The price here, Company B was more.

If I'm paying 10 today for 2 of earnings in 2009, the Price to Earnings of 5 for Company A.

That's still way more expensive than most companies.

They need to understand the external environment and they need to come in.

You're making 10 , and that's just to connect the dots.

It was 10.

So it has a Price to Earnings of 50.

Really, in my mind, it's very similar to depreciation.

A convergent sequence is bounded.

Now, plutonium is a different chemical element than uranium, so they can be chemically separated.

And the first one is that this whole idea about revenue stream, Steve, I get it.