Chapter 832 Tesla goes public
On December 5, 2011, on this day, Tesla was listed on the Nasdaq IPO.
In the original time and space, Tesla was listed on the IPO in July 2010, becoming the only independent manufacturer of pure electric vehicles listed in the United States.
However, due to the impact of the subprime mortgage crisis at that time, the American economy had not emerged from the collapse of the crisis. Therefore, Tesla was listed at a price of US$17, with a market value of less than US$1.6 billion at the time.
At that time, Tesla was already preparing to go public due to lack of funds. However, it encountered the subprime mortgage crisis, so it has been delayed.
But because there was really no other way and urgent need for funds, it chose to go public in 2010 in the original time and space - this was a choice that Tesla had no choice at the time.
In this current time and space, Tesla has financial support from Barron, and he does not want Tesla to be eager to go public, which will affect the company's stock price and market value, so it has been delayed until now. Only then did we finally decide to go public.
This time Tesla’s IPO is listed, the issue price is set at US$27.5, 13.3 million shares will be publicly issued, and the total share capital after the issuance will be 93 million shares. The IPO stock price corresponds to a market value of more than US$2.55 billion.
Tesla's IPO came just after they launched Model S - Model S is Tesla's first model to truly achieve large-scale production of electric vehicles (the previous Roadster was considered a modified model, and Not large-scale production), Tesla has currently received orders for approximately 4,600 vehicles, and official deliveries will begin next year.
According to Tesla's design, the Model S's cruising range on a single charge will reach 480km, support 45-minute fast charging, support battery replacement mode, and accelerate from 0-100km/h in less than 6 seconds.
On Tesla's first day of trading, its stock opened at $29, rose to an intraday high of $32.77, and finally closed at $30.65.
At this price, Tesla’s market value reaches US$2.85 billion.
British Automotive Group holds 15.94 million shares of Tesla, accounting for approximately 17.14% of the shares after listing, currently worth US$488 million - they initially invested US$150 million to acquire these shares. Now their investment has achieved a profit of more than 225%.
Of course, compared with this, the most important thing is that through cooperation with Tesla, the British Automobile Group has obtained many key technologies related to electric vehicles.
And with the future development of Tesla, the value of the shares they hold now will increase a hundred times.
In this IPO, Tesla raised US$365.75 million through a public offering of shares.
In addition to continuing to expand the scale of their factory in Fremont, California, these funds will also be used for the research and development of Tesla’s third model, the electric crossover Model X.
Yes, although Model S has not yet begun delivery, Tesla already has plans to develop a new model, which will be a pure electric CUV model.
It is worth mentioning that when Tesla went public, funds under DS Capital and Standard Chartered-Merrill Lynch also actively subscribed. They purchased a total of about 5 million Tesla shares. Pulling stocks accounts for about 5% of the current total share capital.
Although the world's electric vehicle landscape will change with the addition of British Automotive Group, Tesla has always been one of the most promising electric vehicle companies no matter what.
...
At the same time, Motorola Mobility stopped launching subsequent models of GOS system mobile phones after being acquired by IC Capital and GII Fund. So far, two smartphones supporting the Android system have been launched. With Motorola’s still existing brand influence, the sales of these two mobile phones are pretty good. Although they are not yet praiseworthy smartphone models, at least they are In terms of revenue, Motorola Mobility's decline in the mobile phone business was alleviated, and in the fourth quarter of this year, it finally completed a turnaround.
And these two mobile phones, in the final analysis, are mainly launched to enable Motorola Mobility to maintain its mobile phone business.
Currently, their mobile phone research and development department is focusing all their energy on the new series of mobile phones that will be launched in the second quarter of next year. The DEFY series of mobile phones currently being designed will continue Motorola’s classic detailed design, and The "three protections", that is, "dustproof, waterproof, and scratchproof" functions will be strengthened and will reach the IP68 dustproof and waterproof level.
This will be Motorola Mobility's flagship phone next year, and Motorola Mobility also has high hopes for this phone.
At present, Google has basically given up on the mobile operating system department, and Microsoft's Windows system does not pose a threat to the Android system.
So after Ivanta gave birth to her child and returned to work, her main focus was on transforming Motorola Mobility.
Motorola Mobility's TV set-top box division itself has always remained profitable. After merging with Puma Electronics, it has performed well not only in the North American market, but also in the European market.
The most important thing for Motorola Mobility is to reverse the decline of their mobile phone department.
After discussing with Barron, his suggestion to Ivanta was to let Motorola Mobility learn from Samsung's previous line in the mobile phone field, so that Motorola Mobility could once again enter the mainstream mobile phone brand.
……
“This is a detailed investigation of the G4S Group, which we hired multiple security assessment and company audit agencies and lasted three months...”
After returning to London, Barron got this heavy document from Wang Wanting and heard her say:
“It seems that G4S currently has a big problem... …”
Prior to this, the Umbrella Security Company (UK) belonging to the Cavendish Trust Fund was merged into the G4S Group. Through acquisitions, the Cavendish Trust Fund currently holds more than 45% of the shares of the G4S Group. This is The controlling shareholder of the world's largest private security company.
Through Wang Wanting's introduction, Barron learned that the most serious problem currently facing the G4S Group is that they are slow to act and may not be able to complete the security work for the London Olympics.
Last year, G4S Group signed an Olympic security agreement with the London government worth more than US$440 million.
According to the provisions of this agreement, G4S Group will be responsible for the security work of the London Olympics held next summer, and will need to deploy at least 10,000 security personnel during the Olympics.
However, according to the survey, the current training of relevant personnel of the G4S Group is seriously lagging behind. So far, only one tenth, or one thousand security personnel, has received relevant training, and the quality of the training is worrying.
If this progress is followed, the personnel deployment stipulated in the agreement will never be completed before the Olympics.
(End of this chapter)