Unparalleled True Technology

"Daimler has sent people to visit our company."

After greetings and a routine visit to Apple's Biotechnology Research Institute, Wen Ming and Elon Musk entered the topic.

As chairman of Tesla Inc., Elon Musku decided to make a head start.

"We spent eight weeks converting a Mercedes-Benz Smart into a pure electric vehicle. Of course, you have not become a shareholder of the company, so you don't know these things."

Elon Musku makes a joke and laughs, which is also part of the head start. Wen Ming also laughed, but his smile was like the feeling of me just quietly watching you pretending to be X.

Elon Musku continued: "Daimler is very interested in the technologies we have, so they decided to inject 50 million US dollars into our company. My opinion is that you and I each take 5% of the shares , and then complete this round of financing. In this case, the valuation of our company will reach about 700 million U.S. dollars.”

Valuation cannot be equated with the ratio of financing amount to equity, because taking a stake in a powerful company like Daimler itself can increase the value of a company. From 500 million US dollars to 700 million US dollars, to be honest, it is still a bit conservative.

Of course, the reason why Elon Musk is conservative is because he knows that whether Tesla is worth 700 million U.S. dollars or exaggeratedly saying that Tesla is worth 1 billion U.S. dollars, it doesn’t matter to the founder of Apple. too much difference.

Daimler is one of the world's top 500 companies, but Apple is not. This difference is only because the list of the world's top 500 companies in 2010 has not been updated, and the list of the world's top 500 companies in 2009 was established before the rise of Apple. has been announced.

From this, it can also be seen how fast Apple is developing, and the update speed of the world's top 500 list cannot catch up. Do you think it is fast?

Wen Ming waited until Elon Musk's performance was over, and said with a smile on his face: "You know, I said at Apple's last press conference that my goal for turning 30 was just to be able to earn money. $1 billion, however, to my surprise, I have now made $10 billion."

Elon Musk said that Tesla's valuation was very conservative, and Wen Ming was also very conservative when he said his worth. Elon Musk, who is conservative until he is 39 years old this year, has an unnatural expression.

At this time, Elon Musk's inner narration is hysterical: Who doesn't know that your Apple company has reached a valuation of 150 billion US dollars? Who doesn't know that Bill Gates has endorsed this idiot-like valuation? You say that you are the richest man in the world, Bill Gates, and you will not have any objections.

you are so crazy

Does your family know?

To the disappointment of Elon Musk, Wen Ming's arrogance is not over yet.

"As far as I know, Daimler's revenue last year was as high as 165.8 billion US dollars, which is an incredible figure. However, their profit is only 9.3 billion US dollars."

The profit of the automobile industry is actually not as high as many people imagined. Users feel that the car is expensive and the maintenance cost of the car is expensive, just because there are too many interest groups between manufacturers and customers.

"Although the current revenue of my Apple company is only more than 10 billion US dollars, our profit has exceeded 3 billion US dollars. This is just a little more than a quarter. If calculated on a yearly basis, my Apple company Revenue has surpassed that of Daimler. So, if I say that my Apple is stronger than Daimler, there should be no problem, right?"

The claim that the revenue exceeds Daimler is actually a strategy of Wen Ming, because as a Daimler engaged in the automotive industry, the fixed assets they own such as factories are currently unsurpassed by Wen Ming.

But Wen Ming's statement has no problem in essence, because Daimler's market value has not been high, and the current market value is only 75.4 billion US dollars. Even though Daimler's assets are as high as 230 billion US dollars, most of those assets are assets that are difficult to cash out, including virtual assets such as brand value.

In the final analysis, the market value of this thing is a company's ability to make money, that is, the annual net profit.

Just as Toyota has always been the leader in the auto industry, the reason is that their annual profit can reach 19.3 billion US dollars, so their market value can reach 170 billion US dollars. The second-ranked Volkswagen has an annual profit of only 7.1 billion US dollars, which leads to a gap in their market value compared with Daimler.

Therefore, this is why the market value of high-tech companies is high, because in addition to R\u0026D costs, high-tech companies have relatively low product costs, and their user base is much wider than that of automobile companies.

Naturally, the ability to earn money is also much higher.

Elon Musku could only nod helplessly when he heard Wen Ming's question, and said: "If your Apple company goes public, I don't think it is a problem that the market value exceeds all auto companies. Of course, it is better than Daimler's There is nothing wrong with being strong.”

Wen Ming laughed. His B outfit was very successful, completely defeating Elon Musk's idea of ​​making a head start.

In fact, the arrogant Wen Ming feels that he is still not qualified to be arrogant, and he is also a little sorry for Jobs, because since the release of the iPhone and iPad, Apple's annual revenue can normally reach about 230 billion U.S. dollars, and its annual net profit can reach 53 billion U.S. dollars Around US dollars.

Compared with what he has achieved now, it is simply several realms higher.

Therefore, the market value of Apple in another world can exceed 800 billion U.S. dollars, and it will attack the first company in history with a market value exceeding 1 trillion U.S. dollars.

Of course, the net profit rate of that Apple company is only 22.8%, while the net profit rate of Wen Ming's Apple company can exceed 30%. This gap is because Wen Ming does not need to invest a huge amount of research and development funds.

So, his future for Apple is sure to be better.

"So, why are we accepting a capital injection from Daimler?"

Wen Ming spread his hands, looked at Elon Musku with a sincere face and said: "Besides, I think 50 million US dollars is really too little for a company engaged in new energy research. Why don't we each take out One or two hundred million dollars to play with?"

play for fun……

The word hammered in Elon Musk's heart, giving him an urge to vomit blood, if it weren't for the fact that most of his money was invested in SpaceX, the Space Exploration Technology Company, and SpaceX last year There were three more major accidents, and it was not too difficult for him to spend 100 to 200 million U.S. dollars.

However, he can only come up with 100 to 200 million US dollars.

play for fun……

Elon Musk resisted the urge to vomit blood, and said: "Actually, the company doesn't need that much money, and Daimler has a lot of resources. If we can let him take a stake, it will be important for the company's future. In terms of development, it is very beneficial.”

This is the truth. Elon Musk has gone from being the first to fight for reason, all because Wen Ming can freely spend 100 to 200 million US dollars for fun.

I have to say that sometimes it is good to be arrogant, but the premise of being arrogant is to build on the basis of strength.

Wen Ming feels deeply about this now, so he decided to continue to be arrogant.

"Daimler does have a lot of resources, I admit this. However, I think the way to obtain Daimler's resources can be completely changed."

Hearing this, Elon Musku already had a hunch, and his heart began to ache again.

Sure enough, Wen Ming said: "As far as I know, because of the low net interest rate, Daimler has been trying to sell or integrate some of its businesses. Just like in 2007, they paid 5.5 billion euros, Sold 80% of their Chrysler Group shares."

"So, I have plans to invest in Daimler. In this way, some of their resources can be shared with Tesla."

Elon Musku didn't care about Wen Ming's last words at all, because a decision Wen Ming said had been echoing in his mind-injecting capital into Daimler.

As for whether Daimler's resources can be shared with Tesla at that time, what does it have to do with him?

According to Wen Ming, the reason why Daimler and Tesla share certain resources is that Wen Ming injected capital into Daimler, but now he is seeking capital injection from Daimler...

I really want to vomit blood!