Chapter 632 Electric Vehicle
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 to be delivered, although the company has initially gained some popularity, it is still not taken seriously by the car giants. It will not be launched until later. The Model series will only attract attention later.
After all, even if the Roadster succeeds, it is still just a sports car...
As for the sales volume, it 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. 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 considerable 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 the Duke, I worked overtime last night... I'm still a little dissatisfied with the Roadster's battery pack, and I'm currently making further improvements."
Speaking of which, Musk is indeed a workaholic. Barron remembers watching the media’s interview with his subsequent wife in his previous life...
In that interview, the actress 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\u0026D center, conducting various attempts and experiments with the company's engineers...
This is also the reason why Barron did not win Tesla in advance of Musk in the first place.
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 research and 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 the Roadster electric sports car was successfully launched, Tesla's current situation is not good. Therefore, in the subsequent conversation, Musk almost expressed his approval of Barron's intention to invest in Tesla - premise 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 - you can imagine how difficult it is for this company, which has never been profitable since its establishment, to raise funds as the financial crisis intensifies. .
However, during Barron's visit to Tesla this time, he had a pleasant conversation with Musk.
In the end, British Automotive Group determined that it would invest US$150 million in Tesla to obtain 20% of the company's shares, and would cooperate with Tesla on some electric vehicle technologies and jointly establish related R\u0026D 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 out what he had left. Investing 60 million US dollars in Tesla can be said to be a desperate effort. In addition, the British Automobile Group has technical reserves in the traditional automobile manufacturing field that can help Tesla. Research and development of 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. He also hopes to invest in Tesla through the British Automotive Group this time. Cooperation with Tesla will enable British Automotive Group to accumulate certain technologies in the field of electric vehicles.
…
"You invested in Tesla?"
After Barron visited Tesla, he met Ivanta at his home in Silicon Valley.
"Yes, I think electric cars also have good prospects in the future. It's a first step. By the way, do you know this company?"
"Yes, I have heard of Musk before. In addition, he has recently approached many investment companies, including our IC Capital."
Ivanta took off her coat and the close-fitting sweater, showing off her beautiful figure, and said:
"But IC Capital had no intention of investing in this field, so it refused."
Speaking of which, IC Capital is now quite famous in the United States, which has also made Ivanta the goddess of the venture capital industry, with a high reputation.
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 and acquire some companies with the latest technologies and patents. Come on over and help Android grow.
Therefore, there is naturally no interest in Tesla.
"Are you going to meet Steve Jobs tomorrow?"
After holding Ivanta in his arms and kissing the woman passionately, Barron answered her curiosity:
"Yes, after all, I am also a major shareholder of Apple."
"I heard that his current health condition... is not good."
As early as 2004, Jobs publicly announced that he had pancreatic neuroendocrine tumor, a relatively rare pancreatic cancer.
If ordinary people were unfortunately diagnosed with this disease, they would have died long ago, but Jobs's billions of dollars can also guarantee that he can get the support of the world's most advanced medical resources-he himself directly "donated" a large amount of funds to relevant medical institutions.
In Barron's previous life, Jobs died three years later, in 2011...
When Barron saw Jobs the next day, although the other party acted very indifferent, Barron could still see that his complexion was obviously much darker than that of normal people.
"Thank you very much for your continued support for Apple, Your Highness."
Jobs' eyes were full of brilliance that was inconsistent with his physical condition at the moment. He stared at Barron and 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 real allies..."
