Chapter 631 Visiting Tesla
November 4th is Election Day in the United States. On this day, a nationwide vote will be held to elect the 56th President.
There is no doubt that this day is Tuesday.
Because the voting day for the United States presidential election is set on the first Tuesday after November 2 of the election year...
The reason why November was originally chosen was based on the tradition of agricultural society - the harvest season of crops has ended.
Tuesday was chosen because many voters had to travel long distances to reach the polling stations, and most voters were unwilling to move because they had to attend religious activities on Sunday.
The vote was to avoid November 1 because that day is Halloween in the United States.
The election in the United States is not a direct election by the people, but an electoral system. After the national election, the candidate who wins the general election must pass the vote of the Electoral College composed of electors from each state. The candidate who receives the most votes in a state The presidential candidate will win all of the state's electoral votes.
The Electoral College refers to a group of "electors" who are nominated by political activists and party members in each state. It consists of 538 electors and is distributed among the 50 states and the capital Washington, DC.
The number of electors in each state is equal to the number of members of that state in both houses of Congress.
California, the most populous state in the United States, has 55 electoral votes, while Alaska, a sparsely populated state, has only 3.
Except in very special circumstances, if a candidate wins the popular vote in a state, he will receive all of the state's electoral votes.
On election day, these electors pledge their support for a particular candidate, elected by popular vote.
In December after the election of the Grand Commander, the elected electors voted in the capitals of their respective states to elect the Grand Commander and Vice-President.
There are a total of 538 electors, and only those who obtain 270 electoral votes can be elected.
Some people may ask, will option A receive more votes in a certain week's voting, but in the end the electors will vote for B?
In fact, electors have never voted against the winner of the popular vote in recent American history.
The general election in the United States will be held between Donkey Party candidate Ao Guanhai and Elephant Party candidate John McCain. George W. Bush has been reelected for two terms and cannot continue to participate according to law.
This election can be said to have attracted much attention, because no matter what, it has set a record in many American history.
For example, this is the first time that two sitting federal senators are competing for the leadership...
For the first time, an African American has been nominated for office by a major party...
For the first time, two major candidates were born outside the United States - Oguanhai was born in Hawaii and McCain was born in the Panama Canal Zone...
Since McCain's running mate Palin is a woman, no matter which combination wins, the result will be of historic significance - either the first black president in American history or the first female vice president in the United States.
It is worth mentioning that in American politics, the presence of the vice president is very low - his official duty is to serve as the president of the Senate, but this is mainly ceremonial, because he only votes in the Senate when the votes are equal. Only vote if necessary.
The deputy commander's daily work is usually based on the requirements of the commander-in-chief, and is generally insignificant, such as attending the funerals of foreign leaders on behalf of the commander-in-chief.
but……
According to the Constitution of the United States, if the commander-in-chief dies or becomes incapacitated, the deputy commander-in-chief will take over the position of commander-in-chief. Being the deputy commander-in-chief first is one of the ways to ascend to the throne of the commander-in-chief of the United States.
Since World War II, three deputy commanders have taken over the post of commander-in-chief during the commander-in-chief's tenure.
Respectively, Truman succeeded to the leadership because of Roosevelt's death, Johnson because of Kennedy's assassination, and Ford because of Nixon's resignation.
Just when the American election was in full swing, Barron also came to California in a very low-key manner.
"Your Highness, the current price of Costco has fallen by more than 25% compared to the second quarter. We have begun to absorb stocks through the secondary market. At the same time, we have also contacted those institutional shareholders. It is still ongoing. Compared with three months ago, most institutions are now more relaxed. After all, the entire American stock market is in turmoil, and cash is the most precious thing. "
Sitting in the back row of the Bentley Mulsanne, Barron listened to Junning Chang next to him and reported to him the recent important news in the United States:
"Even Berkshire Hathaway, which had resolutely rejected us in the past, changed its tune in the last contact and said it could consider selling Costco shares, but they emphasized that price is the most important consideration. factor……"
Regarding the acquisition of Costco, I am not in a hurry for a while. After all, this retail group needs to wait until next year to start to improve, and their stock price will still rise at the beginning of next year. Reaching a low point.
Therefore, unlike the initial proactive contact to buy Costco shares, only to be mercilessly rejected by Berkshire Hathaway and other holding institutions, although I am still in contact with these institutions now, my attitude has changed. It's very subtle, but because of the continued decline of the entire U.S. stock market, including Costco, more and more institutions have given up hope and are willing to sell Costco shares.
"Currently, our Roadster electric sports cars are being delivered to users one after another. Although there are a few minor surprises, we will solve them..."
At Tesla’s headquarters in Silicon Valley, Barron met the company’s new CEO Musk—yes, at this time, Tesla’s headquarters was still in Silicon Valley and had not yet moved to Texas.
Many people call Musk the founder of Tesla. In fact, Tesla was first founded by Eberhard and his partner Tarpenning. Musk later sold Paypal and invested with funds. He joined Tesla and became the company’s chairman.
Tesla's first electric car for sale was the electric sports car Roadster. However, the production process of this car was not smooth. It was originally priced at US$100,000, but because the cost seriously exceeded the budget, its price was Repeated improvements - you know, users who ordered Roadster sports cars at this time have already paid deposits, which caused dissatisfaction among users.
Starting in September last year, the rift between Eberhard and Musk finally broke out due to out-of-control costs and the lengthening development cycle.
Then in January of this year, Eberhard, the original CEO and one of the founders of Tesla, was kicked out of the company, and Ziv Drori took over as CEO of Tesla.
Then last month, Musk directly took over the CEO position and became Tesla's chairman and CEO, taking charge of the power.
At this time, both founder Eberhard and his partner Tarpenning left the company.
However, due to the failure in the development and production of the Roadster electric sports car, and the impact of the subprime mortgage crisis, Tesla was not only in trouble, but their financing was also very difficult - after all, at this time when fuel vehicles are becoming popular, who can I don’t believe that electric cars, especially Tesla now, can really succeed.
In fact, Barron had already started paying attention to Tesla earlier.
It’s just that Musk had already entered Tesla at that time and took control of Tesla...
And I have to admit that although Musk was very "jumping", Tesla's success did have a lot to do with his joining. Therefore, Barron did not intervene in the company prematurely, but Look for better opportunities.
