Chapter 632 Electric Vehicles
Now, as the subprime mortgage crisis spreads further, the opportunity has arrived.
Speaking of Tesla, now that Tesla’s electric sports car Roadster has been launched and started being delivered, although the company has initially gained some popularity, it is still not taken seriously by the car giants. , will not be taken seriously until they launch the Model series later.
After all, even if the Roadster succeeds, it is just a sports car...
The sales volume is just like that.
Only by succeeding in the largest family car market will the car giants feel the greatest threat.
Then, what followed was a joint suppression by the fuel vehicle giants.
Facing Tesla, Barron couldn’t help but think of another company he invested in—China’s BYD Company. As one of the world’s largest battery suppliers, BYD was also developing electric vehicles at this time. .
Barron knows that in the next dozen years, BYD will accumulate a lot of experience in the field of electric vehicles and will eventually be able to compete with Tesla and become Tesla's biggest competitor in the field of electric vehicles.
"You look a little tired, Mr. Musk."
After hearing Barron's words, Elon Musk said apologetically:
"Sorry, Your Highness, I worked overtime last night... I'm still a little dissatisfied with the Roadster's battery pack. "Further improvement"
Speaking of which, Musk is indeed a workaholic. Barron remembered watching the media's interview with his subsequent wife in his previous life...
In that interview, the actress once complained that after the two got married, Musk spent most of his time working in the company, which also led to the breakdown of the marriage...
At this time, in order to develop electric vehicles, Master almost lived in Tesla's R&D center, conducting various attempts and experiments with the company's engineers...
This is also the reason why Barron did not win Tesla in the first place ahead of Musk.
After all, Barron asked himself that he would not do better than Musk in this kind of thing - and there is no need to be so personally involved in the development of electric vehicles...
He just needs to come up with funds to invest in this company when the time is right, like now.
Although it successfully launched the Roadster electric sports car, Tesla's current situation is not good. Therefore, in the subsequent conversation, Musk almost said that Barron is interested in investing in Tesla. He agrees with both hands - the premise is that investment is just investment, and he does not allow others to encroach on his dominant position in Tesla.
Tesla is expected to lose more than 80 million US dollars this year - it is conceivable that this company, which has never been profitable since its establishment, wants to lose money when the financial crisis is intensifying. How difficult it is to get financing.
However, during Barron's visit to Tesla this time, he had a good conversation with Musk.
In the end, British Automotive Group confirmed that it will invest US$150 million in Tesla to obtain 20% of the company's shares, and will cooperate with Tesla on some electric vehicle technologies to jointly establish Related R&D centers.
In accepting this investment, what Musk values is not only that this 150 million US dollars of funds can solve his urgent needs - you must know that in the original time and space, due to the shortage of funds, Musk finally took He invested his remaining 60 million US dollars into Tesla. It can be said that he spent all his wealth and gave it a try. In addition, the British Automobile Group has the technical reserves in the traditional automobile manufacturing field to be able to Help Tesla develop new models.
Both parties also have their own thoughts. Barron invested in Tesla through the British Automobile Group. Naturally, what he values is what he understands about the broad prospects of electric vehicles in the next ten years or so - he also hopes Through this cooperation between the British Automobile Group and Tesla, the British Automobile Group can have a certain degree of technological accumulation in the field of electric vehicles.
......"Have you invested in Tesla?"
After Barron visited Tesla, he met Ivanta at his home in Silicon Valley.
"Yes, I think electric vehicles also have good prospects in the future. It is a first step. By the way, do you know this company?"
"Yes, I have I have heard of Musk. In addition, he has recently approached many investment companies, including our IC Capital.”
Ivanta took off her coat and a close-fitting sweater, covering her face. His figure was revealed and he said:
"But IC Capital had no intention of investing in this field, so we refused."
Speaking of which, IC Capital is now quite famous in the United States, which has made Ivanta the goddess of the venture capital industry. Extremely well-known.
It is no wonder that when Tesla seeks investment, it will also have contact with IC Capital.
However, after IC Capital sold DoubleClick and YouTube to Woaw Technology, Ivanta’s main focus was on Android companies. She has been helping Android companies make related acquisitions, integrating some companies with the latest Companies with technology and patents were acquired to help the development of Android companies.
Therefore, naturally there will be no interest in Tesla.
"Are you going to meet Steve Jobs tomorrow?"
Hold Ivanta in his arms, and after a passionate kiss with the woman, Barron responded to her curiosity:
"Yes. Yes, after all, I am also a major shareholder of Apple.”
“I heard that his current physical condition is not good.”
As early as 2004, Jobs announced publicly. I have pancreatic neuroendocrine tumor, a relatively rare form of pancreatic cancer.
If ordinary people were unfortunate enough to get this disease, they would probably have passed away a long time ago, but Jobs's billions of net worth could also ensure that he received support from the most advanced medical resources in the world - he himself went directly to the relevant medical institutions. Funded” a lot of money.
In Barron's previous life, Jobs died three years later, in 2011...
When Barron saw Jobs the next day, although the other person acted very Indifferent, but Barron could still see that his complexion was obviously much darker than that of a normal person.
“Thank you very much for your continued support of Apple, Your Highness the Duke.”
Jobs’s eyes were filled with light that was inconsistent with his physical condition at this time. He looked at Barron, Said:
"But at the same time, Honor Electronics, which you invested in, is also our biggest competitor."
"You are wrong, Mr. Jobs. Apple's biggest competitor is not Honor Electronics or Android. On the contrary, they are Apple's actual allies..."
(End of Chapter)