Winning the new financial era

Chapter 632 Musk

After Zhang Yida's inquiry, I learned that Kumar's father also had a small amount of property in his hometown in India, which was similar to Zhang Yida's family before, with a net worth of several million dollars.

It's just that there are many brothers and sisters in Kumar's family, so I don't know if Kumar can ask his father for the money.

However, this has nothing to do with Zhang Yida.

The opportunity is already in front of Kumar, and if he can't even handle this little thing, then it's time to consider whether he is really suitable to be the spokesperson in India.

During this time in the United States, in addition to recruiting and interviewing relevant talents, Zhang Yida was also collecting news and various information about Tesla.

"Close all Tesla's short orders!"

Zhang Yida got on the phone with Ding Siyao, who was in charge of managing the hedge fund.

The hedge fund under Yanhuang Investment manages more than 60 billion US dollars of funds, and this money is only part of Zhang Yida's pledge of 20% of Ruixiang's equity to obtain credit lines from domestic and foreign banks.

Another part is renminbi, which is going to be used to resolve P2P claims. At present, there are still four major banks, which are only credits and have not been formally used.

The foreign currency quota of 100 billion U.S. dollars has almost been used. 20 billion was used to acquire Bayer Animal Insurance, and another 50 billion was used to invest in securities.

In the past six months, I have shorted companies such as Tesla and Rice, and also longed companies such as Meituan, Penguin, Ali, and Coca-Cola.

At present, hedge funds have a book profit of more than one billion US dollars, and after repaying the interest on loans, there is still a fund size of more than 60 billion US dollars.

Assets will depreciate if they don’t move. Many bigwigs like to pledge stocks to make some investments. This is better than selling shares directly. It will neither affect investment profits nor miss the growth dividends of their own operating companies.

But there are also many risks that need to be paid attention to. If the rate of return generated by investing the loaned money does not outperform the borrowing rate, then the dog will be beeping.

It is also necessary to pay attention to the connection between the investment cycle and the repayment cycle to avoid a break in the capital chain.

These matters are handled by professional financial investment talents hired by Yanhuang Investment. They have invested in many low-risk products and rationally allocated long-, medium-, and short-term cycles. It is almost impossible for the capital chain to break.

Unless there is a big market fluctuation such as the financial crisis, there may be some pressure, other small waves will not cause too much fluctuation.

"Huh? Is it flat now?"

Ding Siyao said on the phone, with some hesitation in his tone, "Mr. Zhang, did you see any news a few days ago? A Tesla in Xuhui District, the magic capital, spontaneously ignited, and the flames even burned the surrounding cars. The whole process was completely destroyed. Surveillance cameras caught it.

The technology is so immature, and Tesla officials have not given a reasonable explanation. Many car owners in China are afraid and clamor to return the product.

If you haven't bought a car, you probably won't dare to buy a Tesla.

The important person was in the car, and a fire broke out while driving halfway, and the consequences are unimaginable..."

"Well, you have a point."

Zhang Yida began to talk about the stock price trend again, "Have you seen Tesla's stock price in recent days? It has been hovering around $235, which is basically the lowest point in the past two years.

Since the beginning of this year, the stock price has fallen by nearly 30%, and there is no oil. "

Ding Siyao knew that Zhang Yida had always been very accurate in looking at companies and making investments, and he said that there was no money left, so there must be no money to be squeezed out.

"Okay, I'll arrange to close the position right now."

Zhang Yida gave a "hmm" and said, "I plan to invest in Tesla."

"invest?"

Ding Siyao was puzzled, and expressed his doubts: "Isn't it a good time to invest now?"

"Now is the time when the stock price is the lowest in the past two years. If you buy shares now, the price will not be much different from that of Penguin more than two years ago."

在2017年3月的时候，企鹅以17.8亿美元的代价买入了特斯拉约816.75万股，占总股本比例的5%。

At that time, Tesla’s stock price was $250. Because it was a large transaction, Penguin was given a 84% discount, which was about $210 a share.

Zhang Yida has always wanted to invest in Tesla. Although its technology is still immature, there is no doubt that it is the leader in the new energy vehicle track.

As the technology matures and production increases, Tesla's various problems will continue to improve, and the cost will gradually drop, and then usher in the day of substantial profits.

In addition, Ruixiang does not do autonomous driving itself, mainly because it does not have too much business demand in this area, and at the same time, it is too late.

But Zhang Yida is very optimistic about autonomous driving, and this track will inevitably run out of giant companies.

Zhang Yida intends to use his personal assets to invest in Tesla this time, instead of Rui Xianglai.

There are also multiple considerations. First of all, this investment has certain risks, and second, the business is not very relevant.

……

On an empty road in California.

Two Tesla Model 3s were chasing one after the other, and there was a drone tracking and shooting in the sky.

The Tesla ahead slowed down, the windows down, and a familiar face appeared—Elon Musk.

"How's it going dude? It's a cool car!"

Zhang Yida turned his head to talk to Musk while driving, "The most satisfying thing is that the speed is fast, but the details of the workmanship are still a bit too rough."

Musk laughed, "I have been controlling costs over the years and constantly launching cheaper cars, so I can only sacrifice something.

But it doesn't matter, does it? "

Zhang Yida nodded heavily, then kicked the accelerator, and ran ahead of Musk.

Musk smiled, stepped up his horsepower, and followed.

In the afterglow of the setting sun, two white Teslas were advancing on the desert road.

When the night was about to fall, the two rushed to the next charging station.

After the accompanying team arrived, they moved out the grill and ingredients, and started the open-air barbecue.

Drinking beer and eating barbecue, Musk flipped through the video shot today.

"YiDa, look quickly, this is the video of our drag racing today, and it has already received tens of millions of views on YouTube and Musical.ly."

Zhang Yi went to Tesla to inspect, and Musk let the two drive for a while on a whim to make this show.

Zhang Yida took the phone and looked at it. The comments from European and American netizens were much more direct than those from domestic netizens. They were all comments of "I want to go racing too" and "Can you give me a Tesla".

After the two of them were full, they leaned on two reclining chairs, looked at the stars, and talked about investing in Tesla.

"At this time, you are willing to invest in Tesla. I welcome and thank you very much."

Musk laughed, "At the same time, I also think that you have made a very correct investment decision. Many people outside have always been skeptical of Tesla..."

Zhang Yida nodded and smiled, and asked, "Do you know Pinduoduo? It's a very amazing website."

(End of this chapter)