Is/n't Tesla literally/figuratively crashing?

[Dantrag]

Yeah, I can't remember the last time I drove more than 150 miles in a day, other than driving to Vegas or SF (and that's what the fiancee's car is for) - and I put 12-13k a year on my car for the past 8 years.

My first job in Raleigh I drove 100-150 a day. Fucking sucked.

[Salodin]

Running on solar does take some changes like having a compatible fridge and water, efficient lighting, cell stacking, etc. but totally doable without much sacrifice. However running a bunch of TVs with AC on full blast is a stretch and is likely a reason why your bill is so high in the first place.

I'm not running this now, but I'd image any home with at least 1-2 children will be running heavy drain appliances like AC running quite a bit, at least 2 TVs going at once, a computer or two at once. It all adds up.

[archibaldcrane]

Still, the point of solar isn't to be 100% off the grid. It can take the bulk of the load, and traditional picks up the peak.

[archibaldcrane]

Thought I'd revive this thread for a bit with some stuff.

Here's the Model S Performance out-drag-racing a M5:


Here's the Model S winning Automobile of the Year from Automobile magazine:
http://www.automobilemag.com/feature...tesla_model_s/
and Yahoo Autos Car of the Year:
http://autos.yahoo.com/blogs/motoram...165907072.html


oh, and

http://sphotos-a.xx.fbcdn.net/hphoto...90186799_n.jpg
http://sphotos-b.xx.fbcdn.net/hphoto...78453200_n.jpg
Coming soon, likely in August of 2013. Reservation made, deposit placed. A wonderful wedding gift from my wife.

[test123]

http://4.bp.blogspot.com/-sOjlx1kuZZ...isible+tax.jpg

[Dantrag]

Problem with that chart, at least one thing anyways. Is the dollar was worth shit. That's one of the biggest reasons gas was so cheap. And isn't that about the point we were shedding about 500k jobs/mo?

[tyven]

lol @ gas being 1.61 in 2008. suck my dick you fucking idiot.

gas hit 4 bones a gallon in mid 2008

[archibaldcrane]

Lol, the main problem with that chart is most of those prices are complete fabricatons. Don't get me started on the gallon of milk.

[Eurell]

Hey guys. Lets pretend gas was always under $2 with Bush and never hit 4+

http://66.70.86.64/ChartServer/ch.ga...&Unit=US%20$/G

[bluefan]

Damn archi, you put the ring on the right woman. Sat in a Tesla S while I was in Seattle and it's a beauty.

Seeing as how I work from home now and really have no need to commute (small city too) except for the occasional grocery shopping, I may consider the Tesla S myself. I know there's one already in my city (was in the newspaper) but I have yet to see it. But I'll probably end up getting a different plug in model, as the nearest Tesla support center is in Toronto

[kuronosan]

Gas prices are going down because Mitt Romney is fighting for it. Dattebayo!

[venikk]

I was under the impression that high gas prices is because of oil speculators driving it up for profit?

For every speculator going for higher prices there is one shorting it for lower prices. The one who bets in the opposite direction of fair value will lose money.

[venikk]

Problem with that chart, at least one thing anyways. Is the dollar was worth shit. That's one of the biggest reasons gas was so cheap. And isn't that about the point we were shedding about 500k jobs/mo?

Correction, the dollar was stronger in the dec-08 than it is now. High prices = dollar worth shit. Low prices = dollar worth some shit.

[RKenshin]

Correction, the dollar was stronger in the dec-08 than it is now. High prices = dollar worth shit. Low prices = dollar worth some shit.

That only applies in a bubble; there are many other factors that also come into play... particularly in comparing domestic vs globally traded commodities.

Dollar was also pretty weak in 2008, relative to other major currencies.
http://www.fxstreet.com/rates-charts/usdollar-index/

[venikk]

That only applies in a bubble; there are many other factors that also come into play... particularly in comparing domestic vs globally traded commodities.

Dollar was also pretty weak in 2008, relative to other major currencies.
http://www.fxstreet.com/rates-charts/usdollar-index/

I said Dec-08. The dollar index reached near all-time highs in that month.

If your dollar buys more it is worth more, if prices are higher on the other hand - it is worth less. No need to bring other currencies into the mess.

The reason we bailed out and did QE was because money supply was contracting - causing deflation. The 08 crisis centered around staving away the dollar strengthening too much and causing a deflationary spiral like the bank runs of 1929. So we injected $800 billion into the bank's pockets whether they wanted it or not. Then we started quantitative easing, monetizing government debt. Both of these were meant to keep deflation at bay.

Deflation is bad because business's debts become harder to pay off, then they default and the business is destroyed. When they default the money supply goes down causing more deflation, rinse and repeat. When debt is money, defaults and paying off debt cause deflation.

[RKenshin]

I said Dec-08. The dollar index reached near all-time highs in that month.

Eh? Not sure we're looking at the same scale.


Regardless, gas prices peaked in mid-2008 and crashed at the start of 2009.

If your dollar buys more it is worth more, if prices are higher on the other hand - it is worth less. No need to bring other currencies into the mess.

Other currencies are absolutely relevant.

If the value of everyone other country's currency in the world goes down, guess what happens to America's currency with a globally traded commodity?

If a global commodity suddenly becomes more expensive for everyone else in the world to buy, that commodity's price will come down to reduce/prevent a surplus. This in effect makes our currency stronger, and able to purchase more of that good for the same amount. DESPITE the fact that prices of the good are in fact falling lower in that situation.

But even that is an incredibly simple way of looking at it that in reality, isn't the rule, because again like I said before there are many other factors that also come into play.

[test123]

The peak and crash around Dec-08 was due to the fact that Bush interveined and basically readjusted the price, not gangnam style but soviet style.

[venikk]

Eh? Not sure we're looking at the same scale.


Regardless, gas prices peaked in mid-2008 and crashed at the start of 2009.



Other currencies are absolutely relevant.

If the value of everyone other country's currency in the world goes down, guess what happens to America's currency with a globally traded commodity?

If a global commodity suddenly becomes more expensive for everyone else in the world to buy, that commodity's price will come down to reduce/prevent a surplus. This in effect makes our currency stronger, and able to purchase more of that good for the same amount. DESPITE the fact that prices of the good are in fact falling lower in that situation.

But even that is an incredibly simple way of looking at it that in reality, isn't the rule, because again like I said before there are many other factors that also come into play.

The true value of a currency is related to the supply of it and the production you can buy with it. If you have more dollars chasing the same goods the value of the currency goes down. If you have the same dollars chasing less goods the value of the currency goes down. If you have less dollars chasing the same goods the value of the currency goes up. If you have the same dollars chasing the more goods the value of the currency goes up.

This is all in a vacuum. Currencies trade against one another for more or less depending on what their production and money supplies change to. A higher deficit for instance, means higher money supply, means a currency worth less. A drought or recession will make production go down, and with it the value of the currency.

Forex comes in after this, when arbitragers see an opportunity to sell mexican apples to americans for instance. In which case they need to buy pesos - buy apples - transport apples - sell apples for USD. In this scenario the peso get's stronger by the mass buy of pesos this major arbitrager made, then at the end the dollar gets mass sold to buy pesos to do it all over again until the price is in equilibrium. Resulting in the dollar losing value, the exchange rate going down in peso/USD.

So the value of other currencies with respect to one is a form of devaluing, it is not the only way a currency can devalue. In a fiat currency, money is created through debt and destroyed through paying off that debt. So when defaults or pay-offs happen money disappears and the currency gets stronger. In recessions the dollar gets stronger - always. The problem is that since every business is generally in debt deflation kills businesses.

I wouldn't look at gas prices as acting on the dollar, look at the dollar affecting gas prices. If you measure the gas price against other commodities you find that it's the dollar that is volatile - not gas prices.

[djzombie]

wondering what gas prices look like in your area. if you were hit by the storm there is likely some pretty serious gouging goi.g on. wondering if areas not hit were affected. highest ive seen here was about 4.85. most statios raise their prices between .50 - 1.00. gas shortages too. two hour lines with stations running out of gas is common.

[Ragnus]

MA is anywhere from 3.59 to 3.79 and dropping.

I've been hearing stories from NY that gas is pretty scarce and being rationed atm.