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The EVcast is a podcast dedicated to bringing consumers the latest information on electric vehicles in a non-technical, non-political, and entertaining way.
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February 2009 Posts
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Bo and Ryan:
Thanks for the kind compliments. Do you want an example of Karma? When I began listening to the EVcast last spring. My first comment was that the audio volumne was low. EEee it isn't so easy to get the right audio volumn with a pc audio feed. For me, most of the time, I should keep my mouth and fingers shut instead of being critical.
In case it is not obvious the url for Jon is www.shockingrides.com. He is a very pragmatic hardworking guy. The one question I wished I had asked is if the bikes had regenerative braking. Hope to do another interview someday, until then I will put sponsors for the EVcast on my prayer list.
ta ta Fred
quote comment
Good interview and thank you Fred! Jon's web site is at: http://www.shockingrides.com/Site/HOME.html
Hey Bo- if you get your Tesla in June/July, or 'Mid-year,' yours may be the purchase that puts Tesla over the top and makes them profitable;-)
How can Tesla offer such a good price ($12,000) on the replacement battery pack? "By arbitraging the relative cost of the capital between the Tesla and the typical customer."
Arbitrage: Attempting to profit by exploiting price differences of identical or similar financial instruments, on different markets or in different forms. The ideal version is riskless arbitrage.
Huh?
Actually, my guess is that this is fancy talk for saying they think the real cost of the battery packs are going to come down over time, but the Tesla price will stay the same- so future owners will help pay for the replacement packs:-) But don't ask me, I'm a computer tech, not a financial whiz- of course, my bank account would tell you that;-)
You can read the entire Elon Must letter at the GM-volt site: http://gm-volt.com/2009/02/11/breaking-teslato-receive-350-million-in-goverment-loans-to-build-model-s-sedan-and-will-unveil-it-march-26/
AND, Dr. Dennis gets to test drive a Tesla this weekend, the luck dog;-)
Arbitrage: In the days before the internet and ebay, I paid my tuition by exploiting supply and demand between different local markets. I bought foreign convertibles during midwest winters and rust-free American muscle cars from Southern California. I toured the country selling my commuting car for a profit upon arrival. In 3 months I parlayed $50 for a 1969 Chevy SS 396 with a bad clutch into $5000 for a 1976 TR-6.
Gint, That is an awesome story.ThanksJohn C. Briggs
