Unparalleled True Technology

Chapter 147: Investing in Tesla

Doing business honestly was Wen Ming's initial thought.

He has great confidence that he can make his Apple the third Apple that truly changes the world by virtue of the technologies he obtained through his "daydreams". However, even if he didn't look at the threat brought by the 'daydream', just looking at the prying eyes he encountered in the process of doing business honestly, made him give up his original thoughts.

To be a real capitalist, sometimes you have to use 'immoral' means.

Martin Eberhard didn't expect Wen Ming to become so direct, but he figured it out in an instant, because Wen Ming had been trying to overwhelm him since he landed on Jurassic Island. How could the unique Jurassic island in the world not add aura to Wen Ming?

In other words, when Martin Eberhard decided to look for Wen Ming, he had already fallen into Wen Ming's situation.

The incredible Apple company is undoubtedly a behemoth to Tesla, but Martin Eberhard, who is only a shareholder of Tesla, how could he not be stage fright when facing a figure with a halo like the founder of Apple?

It has nothing to do with age, but with wealth status.

"I'd love to have your friendship, so I'd like to be able to tell you something before discussing an offer for my Tesla shares."

It has always been a big taboo in the market to expose his shortcomings. However, after being seized by the opponent, Martin Eberhard can only make a bad move in order to gain a certain degree of initiative.

"I do not have the highest decision-making power in Tesla, or in other words, my shares do not give you the highest decision-making power in Tesla."

Martin Eberhard said: "In addition, I also got news that Daimler is going to exchange 50 million US dollars for 10% of Tesla's shares."

This news made Wen Ming frown. For him now, 50 million US dollars is nothing, but for Tes, who is almost unable to pay his salary, it is tantamount to sending charcoal in the snow.

Not only can Tesla's capital cycle change to normal, but it can also allow them to have a certain amount of research and development funding.

More importantly, Daimler's strength is very strong.

Daimler AG, headquartered in Germany, ranks 17th in the world's top 500. It is the world's largest commercial vehicle manufacturer, the world's largest luxury car manufacturer, and the second largest truck manufacturer. The most famous product of this company is Mercedes-Benz!

If Tesla gets Daimler's investment,

Then, the future Tesla will inevitably enjoy some of Daimler's resource channels, as well as some of Daimler's high-end user groups.

Those who buy Mercedes-Benz are not necessarily rich people, but rich people have either become customers of Mercedes-Benz, or are the target customers of Mercedes-Benz.

The new energy vehicles produced by Tesla are also targeted at high-income groups. Take the first two-door coupe they just launched as an example, the price is as high as US$110,000, which is still a loss. In the case of a manufacturing cost of tens of thousands of dollars, it is absolutely not an exaggeration to say that a luxury car.

Daimler and Tesla, one needs new energy technology, and the other needs capital and customers. Their combination will inevitably have a very profound impact on both parties.

Wen Ming doesn't remember that in another world, Tesla was saved because of Daimler's $50 million, but whether he remembers it or not, it doesn't have any impact on him.

Because, when he felt that he wanted to win Tesla, it was impossible for Daimler to successfully invest in Tesla.

"That is to say, even if I get your shares, and then propose capital increase and dilution of equity based on Tesla's funding problems, or even the purpose of transferring the highest decision-making power, it will completely fail because of Daimler's shareholding. ?”

Wen Ming said what Martin Eberhard wanted to express, and then waited for the other party's answer.

Martin Eberhard nodded and said: "From the current situation, it is indeed the case. Because Elon Musk is an arbitrary person, he is never willing to be inferior to others, nor is he willing to favor him future into the hands of others."

Wen Ming didn't care much about what kind of person Elon Musku was. He frowned and asked, "How many shares of Tesla do you own?"

Martin Eberhard replied: "I own 29%, while my other partner Mark Tarpenning owns 8%, and I am confident that I can persuade him to sell his Tesla shares because he is also Elon Musk kicked out of Tesla."

The real founders of Tesla are Martin Eberhard and Mark Tarpenning. After they founded Tesla, they had no money to develop the company. Elon Musk invested $6.3 million in 2004. Successfully became the chairman and top decision-maker of Tesla.

(ps: Sorry, I can’t find the equity distribution amount at that time. Except the equity amount is fabricated, all the above are true, including 6.3 million US dollars.)

After thinking for a moment, Wen Ming said: "In other words, I can get 37% of Tesla's shares, but if Daimler is willing to inject capital, the 10% of the shares will be between me and Elon Musk. In other words, I will only be left with 32% of Tesla shares, and I still do not have the highest decision-making power.”

Martin Eberhard nodded and said: "Yes, and, because of the capital injection of 50 million US dollars, you will not be able to find a reason to request a capital increase, which means that there is no way to dilute their equity and then increase your Equity."

Wen Ming sighed in his heart. He didn't feel that it was difficult to acquire Tesla, but that the money was really easy to earn.

To what extent can Tesla's market value reach in the future?

Although it is not comparable to Facebook, it is absolutely no problem to reach 60 billion US dollars. Even if he bought the shares of Martin Eberhard and his other partner at a premium of 30%, it only cost 240 million U.S. dollars, and the 37% of Tesla shares were diluted by 5%. In the future, the value can also reach 19.2 billion US dollars.

In less than ten years, 240 million U.S. dollars has become 19.2 billion U.S. dollars. Even Bill Gates would be jealous of this kind of business.

Moreover, Wen Ming is very willing to increase capital to dilute equity. He has much more money than Elon Musk, especially in terms of cash. If he starts to dilute the funds, then he will definitely be able to get greater benefits.

If he only pays attention to making money, he can start buying shares directly.

But Wenming didn't want to earn the 19.2 billion US dollars, he wanted to earn more money.

"I want to know when you can complete the equity transfer at the soonest, and whether your shares can make me refuse Daimler's capital injection."

Wen Ming's question is critical, because a company wants to sell equity in exchange for development funds. The first person to sell must normally be a shareholder of the company. Only when the shareholder is unwilling to continue to inject capital will he turn to capital outside the company.

37% of the shares plus 10% in exchange for a capital injection of 50 million US dollars, that is 47% of the shares. In the process of Tesla's development, Wen Ming is willing to use some means to bring Tesla to the point where it must seek financing again.

By the time……

Martin Eberhard laughed. After talking for a long time, he finally grasped a certain degree of initiative.

"My speed depends on whether I can get Apple's shares."

(ps: I want to break the chapter here, wow ha ha ha.)

This sentence made Wen Ming stunned for a moment, then laughed, and said: "I only accept a 30% premium, if you are not satisfied with this level of premium, I am happy to take you to continue to visit Jurassic Island, you know Yes, I can play on this island for several days. Moreover, I also hope to use your vision in new energy vehicles to help me refer to some car companies similar to Tesla."

In the dialogue between the weak and the strong, the change of the initiative can only be temporary. When the strong start to turn the table, no matter how much the weak has the initiative, it will not help.

Wen Ming is not afraid that Martin Eberhard will not sell, because he already has plans to acquire other electric vehicle companies.

Although only Tesla currently has a mature production line, in the face of money, those new energy vehicle companies that do not have a mature production line will not necessarily waste too much time.

The final decision is left to Martin Eberhard, which means that the initiative is still in his hands, but does Martin Eberhard have any choice?

He wanted to steal the chicken, but was pushed to the edge of the cliff.

Martin Eberhard looked at the young man in front of him who was only 20 years old in a few days, and said with a helpless smile: "If I can, I can sign the equity transfer today. As for my other partner, At the earliest, he can sign the equity transfer agreement tomorrow."

Wen Ming was not prepared to wait. He knew the reason why nights were long and dreams were many, so he immediately asked Lilith to contact Sith.

After confirming Martin Eberhard's lawyer through a video call, and there was no problem with the equity certification materials brought by him, Wen Ming signed the equity transfer document.

At the same time, 188.5 million US dollars was also transferred to Martin Eberhard's account.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like