Rebirth of England.

Chapter 632 Electric Vehicles
Now, as the subprime mortgage crisis continues to spread, the opportunity has arrived.

Speaking of Tesla, now that Tesla's electric sports car Roadster has been launched and delivered, although the company has initially gained some popularity, it is still not taken seriously by those auto giants. It will not be taken seriously until they launch the Model series later.

After all, even if the Roadster is successful, it is still just a sports car...

As for sales, it’s just so-so at best.

Only by achieving success in the largest family car market can the giant automakers feel threatened to the greatest extent.

Then, what followed was the joint suppression from the fuel vehicle giants.

When faced with 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 is also developing electric vehicles at this time.

Baron knew that in the next decade or so, BYD would accumulate strength in the field of electric vehicles and eventually be able to compete with Tesla and become Tesla's biggest competitor in the electric vehicle field.

"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 not satisfied with the battery pack of the Roadster, and I'm working on further improvements now."

Speaking of which, Musk is indeed a workaholic. Baron remembers watching an interview with his future wife in the media 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 their 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 acquire Tesla before Musk in the first place.

After all, Barron asked himself that he would not do better than Musk in this matter - and there was no need for him to personally participate in the development of electric vehicles...

He just needs to invest the money in the company at the right time, like now.

Although Tesla successfully launched the Roadster electric sports car, its current situation is not good. Therefore, in the subsequent conversation, Musk almost fully agreed with Baron's intention to invest in Tesla - the premise is that investment is just investment, and he will not allow others to interfere with his dominant position in Tesla.

Tesla's losses this year are expected to exceed $8000 million - it is conceivable how difficult it is for this company, which has never made a profit since its inception, to raise funds as the financial crisis intensifies.

However, Barron had a pleasant conversation with Musk during his visit to Tesla this time.

In the end, British Motor Group decided to invest $1.5 million in Tesla, acquire a 20% stake in the company, and cooperate with Tesla on some electric vehicle technologies and jointly establish relevant research and development centers.

In accepting this investment, what Musk valued, besides the fact that the $1.5 million could solve his urgent needs - you have to know that in the original time and space, due to shortage of funds, Musk finally took out his remaining $6000 million and invested it in Tesla, which can be said to be a one-shot effort with all his fortune - also was the technical reserves of the British Motor Group in the field of traditional automobile manufacturing, which could help Tesla develop new models.

Both parties have their own thoughts. Barron invested in Tesla through the British Motor Group, and what he values ​​is naturally the broad prospects for electric vehicles in the next decade or so. He also hopes that through this cooperation between the British Motor Group and Tesla, the British Motor Group will be able 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 will have a good future, so this is a good first move. 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, revealing her beautiful figure in her tight sweater, and said:
“But IC Capital had no plans to invest in this field, so it rejected the proposal.”

Speaking of which, IC Capital is now quite famous in the United States, which has made Ivanta the goddess of the venture capital industry and she is extremely well-known.

It is no wonder that when Tesla was seeking investment, it also contacted IC Capital.

However, after IC Capital sold DoubleClick and YouTube to Woaw Technology, Ivanta focused her main energy on Android. She has been helping Android make related acquisitions, acquiring companies with the latest technologies and patents to help Android's development.

Therefore, naturally, they would not have any interest in Tesla.

"Are you going to meet Jobs tomorrow?"

Holding Ivanta in his arms, Barron kissed the woman passionately, and then answered her curiosity:

"Yes, after all, I am also a major shareholder of Apple."

"I heard that his current health condition...is not very good."

As early as 2004, Jobs publicly announced that he had pancreatic neuroendocrine tumor, a relatively rare type of pancreatic cancer.

If an ordinary person had the misfortune of contracting this disease, he would have died long ago. However, Jobs' billions of dollars ensured that he had access to the world's most advanced medical resources - he himself had directly "donated" a large amount of money to relevant medical institutions.

In Barron's previous life, Jobs died three years later, in 2011...

When Baron met Jobs the next day, although the other party acted very calm, Baron 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."

Jobs' eyes were full of brilliance that was inconsistent with his physical condition at the moment. He looked at Barron and said:
“But at the same time, Honor Electronics, in which you invested, 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 this chapter)