Rebirth 2008: I Can Make Money Reading

"In order to strengthen the cooperative relationship between the two parties, support each other, complement each other's strengths and weaknesses, and achieve a win-win situation, we can give priority to supply, technical services and support, etc., and nothing else. If our ternary lithium battery is not good, you will not. purchase.

By the way, you can consider our company's motor, which happens to be matched with the battery, which is much stronger than the one you purchased. "

Mu Yang said solemnly, and the speech felt a little high-sounding.

He intends to bundle the ternary lithium battery with the motor, but he is very subtle.

Xinghai Group will not sell top permanent magnet motors, and sell them to other manufacturers. They are definitely second-class, but they are also world-class.

Xingdian will supply ternary lithium batteries to the world, so it will not restrict Tesla's purchases.

After Tesla develops, Tesla will not purchase all lithium batteries from Xinghai Group. It's not that they don't want to, but that beautiful country is afraid of being stuck by Huaguo because of the rare earth problem in Huaguo, and at the same time, it does not want Huaguo to develop. , must require Tesla to purchase some lithium batteries from non-Chinese companies.

Later generations of Tesla, some purchased from Ningde Times, and some purchased ternary lithium batteries from LG.

Today, of course, there is no such purchase restriction.

The current Musk has definitely not thought so far. After all, Tesla has not yet made a profit. He is still struggling with financing, and the company is short of funds. If the sales of MODELS are not good, it will definitely fall into a worse situation.

After listening to Mu Yang's words, Musk's initial worries disappeared, and he thought that Mu Yang made some harsh requirements.

However, what he is most worried about is not the harsh requirements made by Mu Yang, but the fear that Xinghai Group will produce similar competing products.

Xinghai Group's technology is better than theirs, and the car it produces is definitely better than them. Moreover, it is self-developed and produced, and the cost will be lower.

"Mr. Mu, will Xinghai Group enter new energy cars and SUVs?" Musk still asked what he was most worried about, even though he concealed it well.

His eyes were slightly squinted at Mu Yang, and his heart was slightly nervous to see how Mu Yang answered.

Mu Yang rolled his eyes, looked at Musk, and smiled: "Mr. Musk, if this market has a good prospect, what do you think?"

If he doesn't like Tesra, he can kill it, but it's not necessary.

Muyang doesn't want to toss in the mid-to-low-end new energy vehicle market. He doesn't have that energy. He has higher goals, but he can invest in Tesla.

Musk heard Mu Yang's words, and sure enough, the last thing he wanted to hear happened.

He thought for a while, considering that Tesla lacked funds and was still in the stage of burning money. Instead of seeking a consortium, it would be better to bring in a strong partner.

"Mr. Mu, I wonder if you are interested in investing in Tesla?"

Tesla has completed the ABCDEF round of financing and has been listed. The financing forms after listing are debt financing and equity financing.

What Musk is talking about is equity financing. There are many subdivisions. He refers to the introduction of new shareholders by means of equity transfer, capital increase and share expansion.

If it is just a simple equity transfer, the total share capital will not increase, that is, Musk sells some of his shares to Muyang, and the money goes into Musk's own pocket. Now Nasdaq has strict requirements after listing, such a simple big deal Proportional equity transfer is not allowed, which obviously damages the interests of fractional shares.

If it is to increase capital and expand shares, it is to increase the total share capital so that the company can obtain new funds.

At present, the total share capital of Tesla is 105.21 million shares, and at least 26.3 million shares are required for tradable shares, that is, at least 25% are listed and issued;

Tesla's share price fluctuated around $35, with a total market value of about $3.6 billion.

Around this time next year, MODELS sold out, and the stock skyrocketed after making a profit.

Musk is still Tesla’s largest shareholder. If it is 2022 in the future, he has experienced many financings during this period, and he also owns more than 20% of the shares.

"why?"

Mu Yang knew the reason and asked.

"Tesla and Xinghai Group combine strengths and weaknesses, and can be invincible in the new energy vehicle market."

"Mr. Musk, I know what you mean, we don't have to go around in circles anymore, it's very laborious to communicate, maybe we may not reach a consensus after a few days of negotiation, are you worried that Xinghai Group will enter the new energy car and SUV market?

I can promise you that Xinghai Group will not enter the mid-to-low-end new energy vehicle market in Europe and the United States, and even help Tesla to capture the mid-to-low-end new energy vehicle market except China, defeating gasoline car rivals, and sign a strategic agreement with Tesla. .

However, you asked us to give up this market, we lost a lot, can we make up for it not only by financing Tesla? "Mu Yang felt tired talking to him, neither of them are particularly good at communicating, so it's better to be straightforward.

In fact, if Xinghai Group, as a supplier of ternary lithium batteries, should not have tossed in the mid-to-low-end market, they still sell aluminum alloy automotive plates, and then sell mid-to-low-end new energy vehicles. It is not embarrassing to form a competitive relationship between enterprises.

These car companies are definitely not willing to purchase Xinghai Group's products, this is the behavior of the enemy, unless there is really no way to have to purchase, love and hate.

Musk said: "Well, Mr. Mu, Tesla has appointed Xinghai Group as a specific supplier of batteries and motors. Xinghai Group needs priority supply and preferential prices. I believe that Tesla can take a leading position in the market competition;

And Xinghai Group can obtain returns on the stock market by financing Tesla. "

"Mr. Musk, your logic is a bit crooked, Xinghai Group's batteries and motors are not worrying about selling, they are the world's top technical level, and they are in a stage of short supply.

Of course, since we are going to cooperate with Tesla, we don't lose anything at all. We can win-win cooperation.

However, if Tesla builds a factory in China in the future, we must have the right to cooperate with priority and exclusive right to cooperate, and Xinghai Group must have an absolute controlling position. Otherwise, you will not be able to invest in China normally;

At the same time, Tesla will give priority to purchasing aluminum alloy automotive plates and other auto parts from Xinghai Group.

For other things, I don’t have any requirements. You can seek the opinions of other shareholders first. I require the financing ratio to be no less than 15%, otherwise it will be meaningless. If the ratio is too low, you are also worried. "

"Can."

Musk thought for a long time and agreed with Mu Yang's proposal. His request was not excessive, it was normal.

It was impossible to negotiate temporarily, but we finally discussed the initial cooperation.

After waiting for Musk to communicate with other shareholders, Muyang took him to inspect the company's aluminum alloy automotive sheet factory and battery factory.

Musk saw Xinghai Group's advanced production line and became more determined to cooperate with Xinghai Group. He didn't want to have another nightmare-level opponent.

Now, Muyang is willing to give up the mid-to-low-end new energy vehicle market and support the development of Tesla, which has exceeded Musk's cooperation expectations.

After a few days,

Musk and Muyang reached cooperation, and Xinghai Investment Company raised US$550 million from Tesla, holding 15% of the shares, which was actually driving down the stock price for financing.

After the financing, Tesla's total share capital increased to 123.87 million shares, and Xinghai Group owns 18.66 million shares.

The share ratio of Musk and shareholders will be diluted, and the actual number of shares will not change.

For example, the original share capital of a certain shareholder is 10 million shares, and the share ratio is 9.5048%.

After being diluted, the share ratio is = 9.5048% × (1-15%) = 8.079%, but the share capital is still 10 million shares.

Whether this kind of capital increase financing is good or bad for the stock market depends on the situation of the new shareholders.

If the company's profit remains the same, because more people are sharing money, the average earnings per share will be lower, and the stock price will definitely fall.

If the company develops better, the stock price will definitely rise, and both shareholders and retail investors will benefit~www.readwn.com~ There are rules for this kind of capital increase financing, and it is not necessary to raise as much as you want.

Tesla designated Xinghai Group as a specific supplier of lithium batteries, motors, and aluminum alloy automotive plates, requiring a procurement ratio of not less than 80%.

However, Musk and the shareholders do not feel that they are at a loss. By joining a strong strategic partner, many problems have been solved, and there are no hidden dangers of competition, so they can develop with peace of mind.

Xinghai Group has obtained a lot of 15%, and it can be said that it is the second shareholder other than Musk.

Let’s not talk about the rules of Nasdaq. If you don’t dare to take more shares, then Tesla will become a Chinese-owned enterprise?

Pretty Country is definitely not happy, it will impose various constraints on Tesla, and will not give any preferential policies.

Now stuck at 15%, a relatively embarrassing position, can't fight yet.

After a listed company expands its shares for financing, it needs to apply, and within the required time, an announcement must be made.

After Xinghai Investment Co., Ltd. officially financed Tesla, Musk and his team also returned to Beautiful Country, held a media conference to announce the strategic cooperation and financing with Xinghai Group.

At the same time, it introduces the situation and favorable details of Xinghai Group.

Once the announcement was made, retail investors learned the details of the cooperation, that is to say, the Tesla new energy vehicle will be equipped with world-class ternary lithium batteries and motors.

This is good news.

Retail investors and institutions bought Tesla's stock, which rose from $35.15 to $39.23 that day.

Mu Yang made a lot of money from this investment.

But he knew that after Tesla listed MODELS and Xinghai Group's Hummer EV sold, the market found that the market prospect of new energy vehicles is very good, and the stock price will usher in a new surge.

If Muyang doesn't want to engage in Tesla and let it develop, his 15% stake will be worth hundreds of billions of dollars in the future.