Chapter 2737 Automotive Industry

The remaining five investment institutions all have offices in the Rockefeller Building, which is very convenient. There is no need to travel by car. It can be done in an hour.

However, this is the east side of Manhattan, and with such traffic jams, it might take twenty minutes to get there.

Along the way, of course, what everyone is most concerned about is the topic discussed at Advantage Capital.

What's going on with Tesla?

The delisting plan is a highly confidential business secret and has not yet been leaked.

Zhou Buqi did not hide it from them and simply said, "I am pushing for the privatization and delisting of Tesla. It is not surprising that some people are dissatisfied."

Nie Caijun is an expert in the financial field and is also skeptical of such a decision. "Why delist? As far as I know, Tesla is the car company with the highest price-to-earnings ratio in the world. General Motors has a net profit of more than 10 billion US dollars a year." In terms of profit, Tesla loses US$1 billion every year, but the market value of the two companies is not much different. Tesla has reaped all the benefits in the capital market, so why should it withdraw?"

Everyone here is a close confidant and the most reliable person.

Zhou Buqi didn't mind telling them the truth, "The domestic automobile industry has been developing for 20 to 30 years, but its development has never been very good. Not to mention compared with Germany, the United States, South Korea and Japan, even compared with the United Kingdom, There are some differences between law and Italy, and it is considered third-rate at best in the world."

"ah?"

Everyone looked at each other in shock.

Meng Houkun said in surprise: "You want to revolutionize the domestic automobile industry?"

Zhou Buqi said: "The automobile industry is the crown of the manufacturing industry. If China wants to become a real world manufacturing factory, it must be inseparable from the automobile industry."

He Yang took a deep breath and said in a deep voice: "If you want to start the automobile manufacturing industry, it is not as simple as computer manufacturing or mobile phone manufacturing."

Pei Yao whispered from the side: "The automobile industry in Europe and the United States has been developing for decades. Japan's strong automobile industry was also born out of the military industrial enterprises that produced tanks and armored vehicles during World War II. Compared with computers and mobile phones, the automobile industry even Assembly is also very difficult, especially many industry-leading technologies that are not mastered in China."

He Yang said: "There is also the fact that industry resources are monopolized by state-owned enterprises, and several private enterprises... Look at Geely's acquisition of Volvo. This is exciting and good news, but domestically there is mostly negative news. BYD is even more so. So, many people are using the three English letters BYD to discredit this brand. If there is a problem with Guangqi Honda's car, Honda will be scolded; if there is a problem with FAW Audi, it will be Audi that will be scolded. This industry is not so that It’s easy, no matter private or foreign companies, there’s nothing they can do about it.”

Meng Houkun agreed, "Well, the output value of the automobile industry is huge and it is a huge cake. The few private enterprises that made automobiles at the beginning also broke through huge resistance."

Zhou Buqi smiled and said, "Fuel vehicles are definitely out of business. They will never be able to compete with big European and American brands. However, Tesla is making electric vehicles. This is a new track."

Electric vehicles have actually appeared for a long time.

However, the electric vehicles of decades ago are not the same concept as the electric vehicles of today. In the past, electric vehicles were all golf carts, which were slow and had short range.

The emergence of Tesla has changed the industry's perception. The powerful acceleration performance of electric cars exceeds that of many top fuel-powered supercars.

Quiet, cool and stylish.

The energy is clean. Even if the electricity comes from thermal power plants, the pollution produced is less than that of fuel vehicles.

The most critical point is to provide the domestic manufacturing industry with an opportunity to compete with Europe and the United States at the same time.

In the field of fuel vehicles, Europe and the United States have been in the field for hundreds of years. Their technology is mature and the industry is stable. They formulate all global automotive standards and control all industry patents.

If China wants to become the world's leading power in the automobile industry, it can only change its track and develop electric cars. If combined with the Internet to form industrial synergy and mutual assistance, it would be even more powerful. It would not be an exaggeration to become the world's number one.

Liu Qing suddenly realized.

No wonder the big boss told himself to pay attention to the domestic battery industry. Is he focusing on the power batteries of electric vehicles? Do we want to build the most powerful electric vehicle supply chain system in China?

Liu Qing said slowly: "As of right now, the electric vehicle industry chain is still largely blank. I heard that Tesla makes many of its parts in-house?"

Zhou Buqi nodded, "Yes, many of them are made by themselves. On the one hand, it is the difficulty of procurement, and on the other hand, it is the cost. This is nothing, they even make rocket parts themselves, and they also make some car parts. , isn’t it easy?”

He Yang doesn't think so, "This is different. Rockets are professionally customized, but cars need to be mass-produced. Tesla cannot have such a large scale. Producing parts by itself means that the production capacity is very low. I heard Are you saying that their new car has already experienced a ramp-up in production capacity? If you want industrial mass production, like Volkswagen, Toyota, and Ford, you must have a strong supply chain to support it."

Zhou Buqi said: "So we must rely on the country."

"Um."

This point is generally agreed upon by everyone.

The supply chain of fuel vehicles does not need to rely on China. That is because Europe and the United States have been doing it for decades or hundreds of years and have enough time to slowly build their supply chain systems.

However, once new energy vehicles arrive with great fanfare, they cannot be supplied with the efficiency of Europe and the United States. The response speed is too slow and the execution power is too weak.

As long as the country has strong execution capabilities and provides policies and markets, it is possible to build a huge industrial chain within a few years.

Nie Caijun understood this and took a deep breath, "So Tesla's privatization and delisting is to avoid the complexity of decision-making. It no longer has to be open and transparent, and it no longer has to be responsible to the outside world. "Lon Musk's greater autocratic power allows him to avoid unnecessary disputes and excessive attention from the capital market, allowing him to invest more boldly and develop markets, especially the domestic market."

Zhou Buqi said: "Yes, that's what it means."

Nie Caijun said worriedly: "I'm afraid it won't be done..."

Zhou Buqi waved his hand and said calmly: "If it can be done, at least give it a try. Among these domestic entrepreneurs, who can have an international status like mine? If I don't do it, others won't be able to do it. From the perspective of national development, this is what I have to do. Even if I fail or make a loss, I still have to do it."

Meng Houkun laughed and said: "You are so grandiose, you are so clever, how can you still lose money in business? I don't believe it! I don't believe that such a big thing can be done by any one person. But you... I don’t believe you can do loss-making business, and you can do even the most unreliable things.”

Zhou Buqi laughed and said: "You are idealistic."

Meng Houkun was not worried at all, "It's not just you, Musk is pretty awesome too, right? You can even understand how to play rockets, but you can't understand how to play cars? I think it's okay!"

Liu Qing said with a smile: "Yes, the industrial port is your family's responsibility. For such a big thing, let your parents take the lead! It can bring a lot of political achievements to your family, no wonder you are so happy!"

Meng Houkun laughed, "I'm a businessman and I never get involved in that."

…

In the afternoon, we went to visit the capital institutions.

There are no more episodes.

However, Boss Zhou came to give gifts, all of which were calligraphy works, with flying and dancing handwriting. They were very deceptive... They were so contagious that they were really embarrassed to receive them in vain, and almost always had to return gifts as a token of appreciation.

One family gave him two bottles of Screaming Eagle red wine from the United States, which was expensive, several thousand dollars; one family gave him a set of old books, which were "Lord of the Rings" printed in the 1960s; and another family gave him An old Patek Philippe watch is expensive and may be worth more than $100,000.

After going out, Zhou Buqi gave the red wine to Liu Qing, the watch to Pei Yao, and the old book "The Lord of the Rings" to the accompanying secretary Ning Lu.

The only three ladies in the party were all taken care of.

Then it’s time to separate.

According to the plan, it was time for Zhou Buqi to meet the Rockefellers, so it was inconvenient to take them with him. Fortunately, during this period, they will basically stay in New York and will not return to China until after the listing.

Boss Zhou has enough time to take them to see the world and experience the upper class society in New York.

This meeting was arranged by Ariana.

I've made several appointments.

I want to send him a photo.

This is Zhou Buqi’s photographic work. It cannot be discarded and it will pass. Because the photos were too private, Ariana reserved a room in the hotel and went to the room to discuss the art of photography.

After Zhou Buqi passed, I felt that Ariana's attitude was really good.

She had just taken a shower and was only wearing a bath towel.

However, Zhou Buqi was indifferent. He was still in the period of abstinence, so he would not be tempted by this. Besides, she came alone and lacked the sincerity of a beauty trap.

The photos are pretty good.

It is the internationally accepted 6-inch size.

Zhou Buqi took the photos and carefully appreciated each one. He also shared them with his secretary Ning Lu, especially the photo of Ariana and Sienna lying on the bed with their legs raised, which was of great artistic value.

It feels more artistic than the calligraphy works bought from China.

It is worth mentioning that behind each photo, there is also my signature. Single photos are signed by one person, while double photos are signed by both people, recording the time, location, and their respective ages.

Zhou Buqi was relatively satisfied, "The main thing I want to do when I come to New York this time is to sign a contract with HBO to invest in the platter. When the time comes, you will have a certain share."

"Sienna wants to drop out of school and be with you..." Ariana said tentatively.

Zhou Buqi has changed his mind now. He doesn't want to get too close to the Rockefeller family. Beauty and other things can't shake his firm belief. "Don't drop out of school. She's only eighteen years old. She's too young. She'd better go to college with peace of mind." "After you finish college, you can take an MBA. Don't rush into society. It's more pure on university campuses."

Ariana chuckled.

My heart said fucked up.

Good yellow flower girl, feed the dog!