Unparalleled True Technology

Chapter 152: Different ways of flipping the table

I rewarded Jiageng for being so coquettish as the leader, and I still owe Wugeng.

...

Elon Musku has a high IQ and a high EQ.

He transferred to the world-renowned Wharton School of Business at the University of Pennsylvania with a scholarship, and obtained a bachelor's degree in economics and a bachelor's degree in physics at the same time.

He was also preparing to go to Stanford University to pursue a master's program in materials science and applied physics. Although he dropped out on the second day of enrollment, no one would look down on him.

Because, the first company he founded after dropping out of school sold nearly 400 million US dollars four years after its establishment. And the start-up capital of this company is only 28,000 US dollars, and the rate of return is simply horrible.

His subsequent experience was also like being cheated. In Silicon Valley, where geniuses gather, he can still have a great reputation, which shows his genius.

However, the invincibility of this genius has turned into an underestimation in the past two years.

Of course, Elon Musk will never be discouraged. He always firmly believes that under his leadership, both SpaceX and Tesla will have an infinitely bright future. In fact, his self-confidence is correct. In the future, these two companies will earn him a net worth of more than 10 billion U.S. dollars.

However, he met Wen Ming.

Younger than him, richer than him, more famous than him, more...

The only thing Elon Musku can be complacent about in front of Wen Ming is that he has two bachelor's degrees, but Wen Ming has not yet obtained any degrees, nor has he officially graduated from university. Although the outside world knows that Wen Ming suspended his studies from Harvard University instead of dropping out, but in terms of Wen Ming's current achievements, is it possible for him to return to Harvard University to continue his studies?

But what's the use?

Bill Gates also graduated from Harvard University, but he has now become the richest man in the world.

And when Apple goes public, Wen Ming will replace Bill Gates and become the new richest man in the world. He even became the world's richest man in a way that broke through the record of the world's richest man's net worth.

Mr. Wen Ming, I don't think Daimler will sell a large amount of equity in a short time after selling the Chrysler Group.

Elon Musk resisted the urge to vomit blood, and very rationally began to dispel Wen Ming's influence on him. But from the time he started to think this way,

He had already failed in front of Wen Ming.

Wen Ming laughed and said: On the contrary, I think they will continue to integrate their businesses, because their goal is to surpass Toyota and Volkswagen and become the world's number one among car companies. On this point, I think Mr. Mascu I must be deeply touched, a soldier who doesn’t want to be a general is not a good soldier, just like you want Tesla to become the world’s number one among new energy vehicles, or even the world’s number one car company.”

Although Wen Ming does not necessarily invest in Daimler, the inference that Daimler wants to integrate resources is true. Among other things, he knew very well that in two years, Daimler's luxury car brand Maybach would cease production, and then be integrated into a new Mercedes-Maybach, which would become an extension of the original Mercedes-Benz S-Class.

The two sides did not argue on this point, because Elon Musk would not approve it until Wen Ming failed to take a stake in Daimler. And Elon Musk has no strong reason to refute Wen Ming's idea of ​​taking a stake in Daimler.

Mr. Wen Ming, there is one thing I need to remind you. Maybe Martin Eberhard didn't tell you when he sold his shares.

At this time, it is actually no different from tearing up the face, because Wen Ming is just throwing money at it now. What made Elon Musku want to vomit blood was that Wen Ming was throwing money at chips, not him.

There is no chance of being thrown money by the other party, how could Elon Musk not turn the table?

That is in Tesla, I am the chairman and have the highest decision-making power. That is to say, whether you agree or not, I can accept Daimler's capital injection.

The place where the two were located was the reception room of the research institute. The table in the middle was so heavy that Elon Musko couldn't lift it up, so he had to lift the table in another direction.

Wen Ming shrugged and said: Of course, you who have the highest decision-making power can naturally accept Daimler's capital injection without asking for my opinion.

Hearing Wen Ming's words, Elon Musk was astonished, because he was ready to argue with Wen Ming about the power content of the highest decision-making power. He even made preparations, and when Wen Ming said that he, as the current shareholder, has limited financing rights, what kind of reasons he would use to reject Wen Ming.

But he didn't expect that Wen Ming agreed with his point of view.

However, would Wen Ming really agree?

Normally, even if Wen Ming's shares do not have the highest decision-making power, he can force Elon Musk not to accept third-party capital injection. However, there are many means in the capital world. Mascu can completely establish a leather bag company, and then let Daimler inject 50 million US dollars into this leather bag company, and he can privately transfer 10% of his shares to this leather bag company.

In this way, Daimler's absolute holding of the leather bag company is equivalent to holding a 10% stake in Tesla. The 50 million US dollars owned by the leather bag company has become Elon Musk's private wealth. He can directly inject capital, and then forcibly dilute Wen Ming's equity on the grounds that the company does not need more development funds.

If such a situation arises, Wen Ming can only choose legal means to solve the problem, but it is difficult for a lawsuit involving such a problem to get a result within a year or two.

Wen Ming has a team of lawyers, and so does Elon Musk.

After one or two years, Tesla has already begun to rise, and Wen Ming can only become a shareholder at that time. Instead of being able to use the technology he has mastered, Tesla has become an Apple company among car companies, creating a car company with ultra-high net profit margins.

But since Elon Musk chose to come to Jurassic Island to meet Wen Ming, it proved that he was unwilling to use this method until the last moment. It is not easy for Tesla to offend Apple, or Wen Ming, an arrogant rich man.

Therefore, Wen Ming said with a relaxed face: I heard from my Martin Eberhard that the company's research and development costs have been high, and the market response for the first mass-produced model is also very bad, so I really want to know , How long can you last with 50 million US dollars?

Use the highest decision-making power to prevent Wen Ming from injecting capital, or even dilute Wen Ming's equity. Even if you use the leather bag company's method, you can only use it once.

If Elon Musku dares to use it twice, then Wen Ming is confident that he will deprive Elon Musku of the highest decision-making power in a short period of time, and even send him to prison.

Moreover, whether Daimler is willing to accept the practice of the leather bag company is still open to question, because Daimler is a large group with a large number of shareholders, so such an operation may not be accepted.

But Wen Ming didn't need to argue, he knew that arguing would not solve the problem.

So, he threatened directly.

Without waiting for Elon Musk to answer, Wen Ming said: I am very fortunate that I received a capital injection of 5 billion US dollars from Mr. Teresa Roy with 3.5% of Apple's equity, and because of the research and development funds Apple needs, etc. Not much, and the profitability is relatively strong, so I am going to personally cash out the 5 billion US dollars.”

The news that Teresa Roy and Bill Gates are planning to buy shares in Apple has spread, but the news that Wen Ming is planning to buy shares in Facebook has not yet spread, because Apple is currently his wholly-owned company, while Facebook owns many Shareholders, in order to prevent Facebook’s valuation from increasing after the news spread, Mark Zuckerberg, at Wen Ming’s request, kept it secret for a while.

Elon Musku had already got this news before, which is why he took the initiative to find Wen Ming, but he did not expect that Wen Ming would really use the 5 billion US dollars as a bargaining chip against him.

Is this what mature capitalists should do?

Looking at the too young face in front of him, Elon Musk suddenly regretted that he came to Wen Ming today, because he overlooked one thing, that is, Wen Ming is very young, immaturity is what he should be Performance.

Wen Ming didn't care about Elon Musk's inner activities, and continued: After I got the 5 billion US dollars, I decided to consider investing in some businesses. Tesla is one of them. Of course, Daimler is also one of them. . I think that no matter if I become a shareholder in Daimler, they should be willing to sell me their upcoming Tesla shares at a premium.

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