Perfection of Rebirth

Chapter 884 It's Not Too Late
2008 was the year of Tesla's rebirth, and it was also a very difficult year.

In February 2008, TESLA began to deliver the first Roadster. The initial 2 cars were provided to Musk and other investors as the "Founders Series". This list includes Google Larry Page, Sergey B. Lin, ebay Jeff Skoll, etc., of course, also includes Eberhard who has left the company.

In October 2008, the first Tesla Roadster rolled off the assembly line and began deliveries.However, the actual cost of the Roadster, which was originally planned to sell for 10, was as high as 12, far from the established cost of 7, and Musk had to increase the price to 11.

The unit of this 11 is not RMB, but US dollars.

In the eyes of local tyrants in China, maybe 11 US dollars is only 80 million RMB, which is not expensive at all for a sports car.

After all, luxury sports cars such as Ferraris and Porsches that can be bought in China cost millions of RMB at every turn.

However, you must know that in the United States, the price of cars, especially the prices of luxury cars, is much lower than that of China.

For example, the Porsche 911 is priced at 298 million in China, but in the United States, it only costs 18 US dollars.

Like the MINI Cooper, the price in the United States is about 2 US dollars, which is equivalent to about 14 yuan. In China, its price is 26.9 to 31.9 yuan, and one car can be worth two.

Looking at it this way, a $11 car is definitely very expensive.You must know that this is more than double the price of the Audi Q7.

You can imagine what this concept is.

Therefore, this move by Tesla caused great dissatisfaction among the reservation customers. At the customer meeting held in Los Angeles, angry buyers almost besieged and fainted Musk.

However, even if the price is increased by 1, Tesla still faces the dilemma of selling cars at a loss.

Subsequently, Tesla spent 8 weeks converting a Smart into an electric vehicle. The modification project included chassis, battery, motor and electronic control system.

Musk impressed Daimler with advanced technology, and the latter eventually invested $7000 million to acquire a 10% stake in Tesla, and the two companies also entered a stage of closer strategic cooperation.

Soon, Tesla signed a cooperation agreement with Toyota to provide Toyota with battery packs and electric engines.In order to maintain cash flow, Musk took out his only remaining US$6000 million for working capital of production and engineering.

"Old manager, you arrange someone to go to the United States to contact Musk to see if there is a suitable opportunity to invest in Tesla."

Jiang Hui thought that now is the time when Tesla is at its lowest point. You must know that next year, in 2009, after *** and Steven Chu visit the Tesla factory, Tesla will successfully obtain a low-interest loan of US$4.65 million from the US Department of Energy. At that time, Tesla was no longer coveted by the Guanghui Group from China.

In fact, not only Tesla, but all European and American high-tech companies, if China wants to enter, 2008 to early 2009 is the best opportunity.

At this time, everyone is tossed to death by the subprime mortgage crisis. They can't see the future. They are very, very hungry for funds. It doesn't matter whether you are from the Red Empire or White Russia, as long as it is US dollars, people are willing to ask for it.

After passing this village, there is no such shop.

So Jiang Hui quickly called Guan Weidong over and asked him to arrange someone to go to the United States to contact Musk.

According to the situation of Mercedes-Benz’s shareholding in Tesla in the second half of the year, 7000% of the shares can be obtained for 10 million U.S. dollars, which means that Tesla’s valuation is only 7 million U.S. dollars. The valuation of cabbage prices.

You know, by June 2010, Tesla will successfully land on Nasdaq, with an IPO price of US$6 and a market value of more than one billion US dollars, and this figure has become more than 17.00 billion when Jiang Hui was reborn. U.S. dollars, and it is still advancing, and it is impossible to see where the upper limit of the market value is.

Therefore, in Jiang Hui's view, investing in Tesla can not only keep abreast of the development of the world's most cutting-edge electric vehicle company, but also get very rich returns.

Maybe, the money that Guanghui Group earned from Tesla can just be used to feed back Guanghui Automobile.After all, no matter which company is engaged in electric vehicles, if government subsidies are not considered, it will lose money.

"Mr. Jiang, you are talking about the Tesla in the United States that makes electric cars? Don't we have a car company ourselves? Why do we want to invest in Tesla?" After hearing Jiang Hui's words, Guan Weidong proposed own doubts.

"It's very simple, because I think it is profitable to invest in Tesla now. As for whether we make cars or not, it has nothing to do with this investment."

"Mr. Jiang, companies all over the world now feel that they are short of money. If we send charcoal in the snow, there should be no problem in buying shares, but it is difficult for us to arrange personnel to participate in the management of the company."

"It doesn't matter, we only need to buy shares, and when the time is right, we will sell the shares."

If Brilliance Motors does not engage in electric vehicles, then Jiang Hui thinks that holding Tesla stock for a long time will be a very good investment, but now with Jiang Hui as the gold finger, Brilliant Automobiles with the support of ATL and Sanyo, is in the electric car market. How far the car field will go is really beyond the imagination of ordinary people.

However, one thing is certain, when Brilliance Motors makes efforts in the electric vehicle market, Tesla's stock price will definitely be affected, especially when Brilliance Motors' products enter the US market.

Therefore, it may not be a good idea to hold Tesla stock for a long time.

Still, it's still going to be a pretty good investment, at least for a few years.

"Mr. Jiang, although we have more than 200 billion US dollars, the acquisition of Sanyo cost nearly

60 billion US dollars, I estimate that this investment in Tesla will cost another [-] to [-] million US dollars. We have collected a lot of goals now, and the funds may not be enough by then. "

As the deputy general manager of Guanghui Investment, Guan Weidong is very supportive of Jiang Hui's practice of buying, buying, buying, but this support is only meaningful when Guanghui Investment has sufficient funds.

"Didn't the major domestic banks always want us to apply for a loan, so this time we will go along with the flow and take her out for hundreds of billions of dollars to spend."

"Boss Jiang, will it be too much? With so much money, the bank will approve it or not, but it will be approved. It will definitely be supervised and used at that time, which will be very inconvenient."

"It doesn't matter, we don't borrow so much at one time. For example, the acquisition of Sanyo Electric this time, we can use this as a name to make up for the money we spent to find a bank loan. In the same way, we can first use our own The funds are used for acquisitions, and then loans from domestic banks. Given the current situation of Guanghui Group, as long as we are willing to give a certain amount of shares as collateral, loans should not be a problem."

(End of this chapter)