Top of the big era

Chapter 2739 Musk

If you say abstinence, abstinence.

He even slept alone in the study at night.

Based on such good performance, Zhou Buqi was praised by Aunt Xue the next morning, saying that he had matured and grown up, and that a man had a stronger sense of responsibility.

Zhou Buqi leaned over and whispered: "Three days have passed, I'll take it for you tonight!"

Aunt Xue looked back and saw Wang Yanan washing dishes aside. She didn't pay attention to this, so she glanced at Zhou Buqi charmingly and said with a half-smile: "How to get it? Do you want me to kneel down and toast you?" "

"Yes, you can't escape this time!"

Zhou Buqi made a dragon-claw hand gesture and stared with a fierce look.

Aunt Xue jumped away quickly and said angrily: "Go crazy again, hurry up and change clothes. I just complimented you, are you doing your old habits again? It's broad daylight, men should focus on work, hurry up!"

Today’s arrangement is mainly about Elon Musk.

He came to New York.

Zhou Buqi wants to take him with him to visit Black Rock Capital and Icahn Capital, which will serve as Tesla's main partners in delisting.

Hurry up and hurry up, he's still late.

When he arrived at the entrance of the Rockefeller Building, Zhou Buqi saw a guy with loose hair and a gray T-shirt from a distance in the car.

It's Musk.

He didn't even have an assistant, he was all alone, with a slovenly appearance... as if he were a street kid from Queens.

Zhou Buqi looked down at the expensive shirt and custom-made trousers on his body, and shook his head secretly, feeling that the two parties were not from the same world.

Get off the bus quickly.

After walking over, I noticed that Musk's eyes were bloodshot and he looked tired, as if he hadn't slept in a few days. When I ask...it's true!

He has been living in a tent at the rocket base for a week, just to solve the cost problem of Merlin rocket engines with the team. He has not slept a wink in the past two days.

Zhou Buqi followed him upstairs and waved his hand back, telling his secretary Ning Lu not to follow too close and to keep her distance.

She is so beautiful.

A bit out of place.

Zhou Buqi asked strangely: "Isn't the Merlin engine the rocket engine you developed yourself?"

Musk said: "Yes, that's it."

Zhou Buqi said: "I remember you said that that engine is currently the most cost-effective engine in the world. The cost... the cost seems to be only 200,000 US dollars?"

"Yes, 200,000 US dollars." Musk was very dissatisfied. "I hope to further reduce the cost to one-tenth of the previous price. Only in this way can we produce more large-scale products and have the opportunity to build a huge machine in the future." fleet to go to Mars. I plan to give up all expensive metals and use stainless steel to build the engine.”

"hehe……"

Zhou Buqi really didn't know what to say.

He has been to Rocket Base several times.

I have also witnessed Musk’s crazy behavior on the spot.

For example, the condensation system on a rocket is used to cool down the rocket. The market price of this system is US$3 million. Musk thinks it’s too high. Why is it so expensive?

His rocket expert told him that the aerospace materials used, as well as special coolants and protective layers.

Musk asked: "Why use aerospace materials?"

Then something shocking happened.

Musk sent his assistant to spend several thousand dollars to buy a cooling system for a home air conditioner, then simply modified it and installed it on the rocket.

good results!

This really subverts Zhou Buqi's cognition. In the past, he has been affected by various domestic and foreign media propaganda and various "aerospace grade" and "aerospace materials", and has never questioned its authenticity and necessity.

Musk taught him a vivid lesson.

Later Zhou Buqi asked the reason, why did that happen?

He said this was due to NASA's corrupt system. They used cost-plus contracts and went to aerospace companies like Boeing and Lockheed Martin for production.

The so-called cost plus is to give a certain percentage of profit plus on top of the cost.

For example, if the cost is US$100 million and the markup is 20%, then entrusted companies such as Boeing and Lockheed Martin can earn US$20 million from this contract.

How can I make more money?

When the markup ratio is fixed, of course, the higher the cost, the better!

Anyway, NASA has plenty of money, and all it spends are American taxpayers' money, so don't waste it in vain. This makes the rockets and space shuttles they manufacture extremely expensive, so expensive that even NASA cannot afford them. NASA can only rent Russian rockets to send American astronauts to the space station.

This kind of institutional defects and corruption, as well as the inevitable rent-seeking space between government and businessmen, have led to the rapid decline of the US aerospace industry... It is too expensive to afford.

And this situation also affects the whole world.

Other countries don't know the inside story, so they all use NASA as a learning object. What level of aerospace materials NASA uses, they also follow suit and spend a lot of money to develop and purchase expensive aerospace materials.

Until Elon Musk appeared, it can be said that it completely changed the understanding of this industry.

Zhou Buqi has finally learned that he should question everything. Things that he took for granted in the past may not really be right. In this regard, he has practiced pretty well. For example, in the past, the whole world generally believed that one man and one wife should be monogamous, but he had the courage to practice it and break the stereotype.

It turns out that the effect is also very good!

This breakthrough achievement is no worse than Musk's rocket-making.

Black Rock Capital is on the 65th floor of the Rockefeller Center Building. Zhou Buqi really doesn't like a skyscraper of this level at all. Just taking the elevator is scary enough.

The six- or seven-story low-rise structures popular in Silicon Valley are better.

When I arrived at Black Rock Capital, I felt the chaos here.

Larry Fink, with several assistants, personally greeted him at the door and explained the scene, "Just now, a big event happened on Wall Street."

Zhou Buqi was slightly startled.

No way?

If something big happens, the secretary will tell him, right?

Larry Fink said with emotion: "With the help of Silver Lake Capital, Dell officially announced its delisting at a price of US$24.33 billion."

This is not surprising. Zhou Buqi smiled and said, "The times are changing too fast. Five or six years ago, Dell was still a prominent global technology giant with a market value of more than 100 billion U.S. dollars. It is no longer possible now. The computer industry is in decline. It’s going downhill, I heard that Samsung is planning to spin off its PC business.”

Larry Fink said regretfully: "Black Rock Capital originally had the opportunity to participate in Dell's delisting case, but there were some problems with our plan and we failed to convince them."

Zhou Buqi said jokingly: "So you must come up with a sincere plan for Tesla's delisting this time. Otherwise, I will also go to Silver Lake Capital!"

"Of course, definitely." Larry Fink said that he couldn't miss Tesla this time, not to mention that it was related to a big project of "investment week", "We can definitely make Tesla efficient. , complete delisting quickly and at low cost.”

Going to his office, Larry Fink picked up the detailed financial details about Tesla in his hand, and said worriedly: To be honest, personally, I think it will be delisted now. Not a very good time.

Musk was very determined, “We must retreat!”

Zhou Buqi smiled and said, "It has been decided to delist and it will not be changed."

Musk delisted in order to gain power so that he could have more room to display within Tesla without being disturbed by some chaotic voices from the board of directors and external media.

Zhou Buqi is different.

He delisted, firstly, to make more money, and secondly, to use Tesla to advance his Korean and domestic strategies faster.

The first thing confirmed is that LG Chem’s power batteries can be supplied to Tesla cars.

He also established a good relationship with the large conglomerate LG.

Not to mention domestically.

This is the bigger plan.

Larry Fink said: "I know Tesla will be delisted. I am just doing an analysis. The current Tesla...Although the stock price has been affected recently and has declined somewhat, for now, Tesla The stock price is still at a high level. To delist now, the cost will be very high."

"I do not think so."

Zhou Buqi has never done any financial analysis at all, and he doesn't bother to worry about these details.

Larry Fink said very seriously: "Delisting is inevitable, but I think... the delisting time can be appropriately extended to after March next year. I believe there will be a With more reasonable prices, the cost of delisting can be lower.”

Zhou Buqi was a little surprised, "Why? How do you judge it?"

Larry Fink smiled and said: "I have checked, and now Tesla has been attacked by many short-selling institutions. The total funds of short positions exceed 500 million US dollars."

Zhou Buqi nodded, "Yes, I heard about it."

"This is a very powerful force, even Bill Gates is involved..." Larry Fink was interrupted before he could finish his words.

Musk said coldly: "Yes, Bill Gates, he has targeted me many times. This time he spent 100 million US dollars on the short position alone!"

Larry Fink nodded and said: "If we wait for a period of time, these short-selling forces will become stronger, and Tesla's stock price will continue to be under pressure and continue to fall. After half a year, their position expiration is up, and the stock price will also It has reached a critical value. At this time, if we formally initiate a delisting plan and buy back shares, the delisting costs will be even lower."

As expected, he is a capitalist, really ruthless.

Sit back and watch the short-sellers grow bigger and stronger, and by default they will suppress Tesla's stock price... Then, when these capital institutions have made a lot of money and left the market, Tesla will start delisting, and that's it Using extremely low stock prices to buy back shares in the market is killing Tesla shareholders.

If it were another person, he might actually do this.

For example, Michael Dell of Dell was ruthless during the delisting process, allowing Wall Street wolves like Carl Icahn to make a lot of money.

But Musk wouldn't. With red eyes, he said viciously: "No! Retreat now! I want all these short sellers to die!"

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