Rebirth of England.

Chapter 690 Cooperation
“Our original plan was to go public this year, but the current situation…”

Musk shrugged and said helplessly:

"So this plan can only be postponed, but Tesla's situation is still stable at the moment, and I believe we can get through this difficult time."

From his words, Musk is relatively optimistic about Tesla.

Of course, this is also due to the British Motor Group's previous $1.5 million investment in Tesla, which has improved Tesla's financial situation a lot. At least now Musk has the confidence that he can keep the company going until its IPO next year.

Yes, according to his plan, Tesla will go public through an IPO next year. After all, only in this way can Tesla raise large amounts of funds again.

In the original time and space, the subprime mortgage crisis also occurred. When Tesla's IPO encountered obstacles, Musk almost took out all the funds he had obtained from his previous business ventures, and when Ao Guanhai visited their company, he persuaded the other party to support them, and only then was the company able to go public.

Otherwise, if any step fails, there will be no glory for Tesla in the future.

"I also think that electric vehicles are still very promising, but the current technology in this area, especially battery technology, still needs to be accumulated..."

"In addition to batteries, electric vehicles are still very different from traditional fuel vehicles, and many technologies need to be re-developed."

Hearing Musk's addition, Barron nodded and said:

"I have a suggestion, that is, the British Automobile Group can cooperate with Tesla in related technology research and development. In the current economic situation, some related technical personnel have lost their jobs in Silicon Valley and Britain. We can take this opportunity to increase the number of R&D personnel..."

Musk was quite interested in Baron's proposal, but he was hesitant about the funding issue rather than Tesla's exclusive ownership of the technology they developed.

After all, at this moment, although Musk is optimistic about the future of electric vehicles - otherwise he would not have bet his entire fortune on Tesla - it is still unrealistic to say that he can know what scale Tesla will reach in the future.

After all, compared with traditional car companies, Tesla is just a toddler. Its Mode series of cars have not yet been successful. How can Musk have the confidence to say that Tesla will become the car company with the highest market value in the future?
There is also a realistic problem, that is, the powerful traditional fuel car companies are boycotting Tesla. It is a bit exaggerated to say that they are deliberately obstructing it, but does the elephant need to use all his strength to obstruct the ant? A breath from the nose can make the ant "fall to the ground".

Therefore, if Tesla can obtain the support of one of the automobile groups, the British Motor Group, and cooperate with it, it will be equivalent to gaining a powerful ally for the current Tesla company.

Although the British Motor Group cannot be compared with the leading companies such as Daimler Group and Volkswagen Group in terms of scale, at least one thing is certain: the British Duke in front of him is not short of money at all.

As for the funding issues that Musk is worried about, Barron also promised that the British Motor Group could invest a considerable amount of funds in the cooperation between the two parties, which is actually equivalent to sharing the R&D costs with Tesla and gaining an additional ally.

This kind of temptation is really hard for Musk to refuse...

As for Barron, he certainly knows that new energy vehicles in the future, especially electric vehicles, are undoubtedly the general trend.

In this field, there are only two groups at the forefront in the world, Tesla and Chinese car companies, while European car companies have completely fallen behind.

As for Japanese and Korean car companies, they have completely fallen into decline. As for electric cars, some people buy electric cars from European car companies, and they can say that they buy a brand, but if they buy electric cars from Japanese and Korean companies... what's the point?

It is precisely because he knows this future outcome that Barron, now that he owns the British Motor Group, naturally needs to plan ahead and lay out the new energy vehicle track in advance.

You know, in addition to Tesla, BYD, a company he holds shares in, has also started developing electric vehicles very early...

And BYD also has the advantage of batteries.

Baron knew that in terms of cost, it would be difficult for the British Motor Group to surpass the Chinese car companies because of the existence of China's complete related industrial chain. But at least through early layout, the British Motor Group would at least have a chance to fight in the future mid-to-high-end electric vehicle market. Apart from anything else, it couldn't be that it couldn't even beat Mercedes-Benz, BMW and Volkswagen in the electric vehicle market.

As a result, the two parties hit it off and decided that the British Automobile Group would cooperate with Tesla to set up an electric vehicle-related R&D center in the United States and the United Kingdom respectively.

The British Motor Group will invest a total of US$1 million in the two R&D centers to support their joint research and development of related technologies.

With this, Barron finally made another move in the field of new energy vehicles and made arrangements in advance.

……

It is also worth mentioning that Musk does not have a girlfriend now...

Yes, he has not yet met Talulah Riley, who stunned everyone in "Inception" - or perhaps to be more precise, they are very likely not to meet... at least they won't get married.

Because in the original time and space, Musk met Talulah Riley in a club through a friend's introduction when he went to London to relax after divorcing his ex-wife in 2008, which was last year.

At that time, Talulah had just starred in "Romance and Prejudice" and became a little famous in England. She happened to have just finished attending an event with two other actresses and went to the club to meet Musk. The two fell in love at first sight.

But in this time and space, when Musk went to London last year, it was Baron who received him - after all, he had already invested in Tesla at that time, so it was very normal for Baron to play the role of host to Musk.

So under Barron's arrangement, Musk happily spent a few days in Neverland, and then returned to America.

As for Talulah Riley...

In her previous life, her appearance in "Inception" did amaze Barron.

Moreover, her marriage with Musk was not a happy one. They broke up and got back together many times, divorced and remarried once, but eventually became strangers.

Well, if that is the case, since marriage is so hurtful, it is better to prevent the beauty from being destroyed by marriage...

(End of this chapter)