Rebirth 2010: I'll be a big shot

Chapter 247 Rocket Recycling Liquid Fuel, Musk’s Authentic Western Food!

Author: The bright moon once shone on the ancient river

Chapter 247 Rocket Recycling Liquid Fuel, Musk’s Authentic Western Food!

"So far, how many Model S vehicles have been delivered next year?"

Chen Heyu turned around and suddenly asked.

"31,780 units, including a large number of Roadster models. As for the Model X, it will not be officially sold until next month due to demand."

Musk answered frankly.

Compared with the sales figures of more than 1 million vehicles eight years later, Tesla at this time was a little immature, and it was extremely difficult to even achieve profitability.

"How much is the paper loss?"

Chen Heyu smiled and seemed not to care, and then asked about his financial situation.

As the company's third largest shareholder, his question was reasonable, so Musk could smile bitterly and answer truthfully.

"The loss in the first three quarters was approximately US$520 million, which was larger than the net loss in the year. The money was used in research and development and process innovation, while increasing investment in new factories, production lines and equipment..."

Masiklian went to explain.

He conducted a detailed investigation with Chen Heyu and found that the wrong party began to purchase Tesla shares in his own name in 2010. After establishing Shanhai Capital, he continued to make additional investments and absorbed 9.7% of the equity from retail investors in just a few years.

The shareholding ratio is second only to himself and Fuda Capital, and even 1.5% higher than Baiji Investment. He is a proper core major shareholder.

That's why he was extra cautious, fearing that Chen Heyu would be dissatisfied and sell off his stocks, thereby affecting other investors.

"Without thinking too much, he can understand my decision. The continued decline in global oil prices will indeed benefit the sales of traditional fuel vehicles and have a certain impact on car buyers.

This shows that the demand for trams has not really been released, the prospects are still promising, and he has plenty of patience."

Chen Heyu saw the anxious expression on his face and encouraged him with gentle words.

I have been waiting for five years, and I don’t care if I have to wait another five years. I am confident that I will give more, so as not to waste my money and make the previous investment in vain.

Tesla was founded in 2003. Musk took advantage of the Series A financing opportunity to join the board of directors. He then spent three years successfully kicking out all the founders and taking complete control of the New Source Automobile Company in 2008.

It wasn't until 2020 that Tesla achieved full-year profitability for the first time.

The first stock price peak will not be until 2021. Before that, Tesla and Xinkeyuan Motors had their darkest moments.

"Thank you, Chen, they will visit the R&D center first, which is Tesla's most valuable source of wealth."

When Musk heard this, he breathed a sigh of relief. He smiled and walked ahead to guide the way, pointing to a large laboratory not far away.

The investor in front of him was more tolerant than he thought.

"No problem. He is also very interested in intelligent driving solutions. In China, there is also a company that is devoted to autonomous driving research."

Chen Heyu replied casually.

"QIDU (Qiandu), but as far as he knows, it is a search engine company.

Perhaps there will be breakthroughs in large-scale data training and deep learning, but he is not optimistic about commercial promotion because it involves a lot of testing at the application level and a sufficient understanding of the wrong vehicles."

Mask shrugged and said disdainfully.

How can a search engine company control the stability of its products if it has no experience in car production?

"Where's Truss?"

Chen Heyu smiled lightly, without comment, and then asked.

“Considering the complex, dynamic, and changeable traffic environment, highly accurate perception and decision-making capabilities are required to achieve truly intelligent driving.

Although Tesla has the most advanced sensor systems and automated driving technology, he is more focused on promoting assisted driving in the face of safety, legal supervision and road infrastructure challenges."

Musk replied.

His view is very clear: to enter the automobile market with the role of assisted driving and adapt to the needs of individual consumer-grade passenger cars through rapid iteration, instead of shouting the gimmick of "autonomous driving" but still unable to find a way to realize it.

Chen Heyu was silent.

Looking back on this life, Qiandu will not be able to make a profit on that project until 2024. It has invested a total of 150 billion in R&D funds in the past ten years. It is still in the experimental stage, and the month of realization is far away, which is disappointing.

"Every line is like a mountain, I wish him success."

He was thinking in his mind, not sarcastically, at least Qiandu had worked hard, if he was willing to invest funds in advanced technology fields. Compared with those Internet giants who were shirtless and competing for business with wet market vendors, how much more could they ask for?

How decent.

"Chen, the R&D center for electric vehicle technology, battery technology, and autonomous driving technology is right there. Liyi is divided into three major areas. Engineers use computer-aided design software, simulation technology, and experimental equipment to conduct research work.

In addition, there are outdoor testing venues and prototype car production workshops. If I am interested, they can slowly learn about it."

Musk introduced it slowly.

"Oh? Let's take a look at the R&D members of the battery pack first."

Chen Heyu smiled, with a meaningful look flashing in his eyes.

He knew that Tesla's battery technology requirements included battery pack design, silicon anode technology and supercharging technology, with lithium-ion batteries provided by Neon Pine as a source of energy storage devices.

If he wants to enter the new energy automobile industry in the future, those technical accumulations will be indispensable. With the care of Musk, the "leading party", he can easily include the technical core in the system for future use.

During the communication with the researcher, he slowly figured out the salary and bonus system of Truss, and planned to go back to Moss Electronics to upgrade and speed up the manufacturing layout.

Because the Lucheng Super Factory is about to be completed, the demand for the rice group's product production line has shifted. Only a complete and reasonable labor cost design plan can support the factory to go further and become stronger.

Later.

He visited the autonomous driving research and development department and the source storage and management department in turn. He gained a lot along the way and the system prompts kept ringing in his mind.

So profitable!

"Elon, does Tesla lack development funds?"

Chen Heyu took the initiative to mention it, with a smile on his lips.

"Chen, do you think you would like to seek additional investment?"

Musk's eyes lit up, and he was extremely excited. How could he not be short of money? The financial department predicts that the total loss next year will be as high as 900 million US dollars.

Insufficient orders and production, and frequent supply chain errors, have greatly affected the production and delivery of Model X.

Naturally, he was in urgent need of additional financing, but the vampires on Wall Street were driving down the price too hard, so he just kept holding on with grit.

Chen Heyu's words are like a timely rain, especially refreshing!

"He respects my wishes. If Truss doesn't need it, he won't force it."

Chen Heyu pretended to be indifferent.

"Chen, thank you for my generosity. He is very willing to accept it. As for further development, the company currently has a funding gap of US$1 billion."

Mask pondered for a moment and said with a grin.

Oh!

Good guy!

Do you have to cover next year’s marketing budget and R&D costs yourself?

Catch him and jerk him off hard!

Chen Heyu laughed, looked as usual, nodded slightly, and said calmly: "1 billion, it's a small problem. You can communicate with Rob for the detailed cooperation process."

After saying that, he pulled Zhou Xiaoyu over from behind him and introduced the two of them with a smile.

"Nice to meet you!"

Lao Zhou said solemnly, but his heart was filled with excitement. He was shocked that the boss's pen had just spent 2 billion US dollars, and he was asking for an investment of another 1 billion US dollars.

The more you earn, the more you spend!

Especially after Chen Heyu entered the chip and semiconductor industry, he spent money like water, recruiting high-end engineers, poaching overseas researchers, and even offering sky-high prices of 5-10 times to hire technicians from Windmill Country, Neon Country, and Koryo Country to come to China for "business trips."

”.

In addition to software engineers, it also recruited a large number of experts in the field of precision instruments, even waving money to compete with the HNSA Aerospace Department for people.

He is very aware of his boss's ambitions and plans, so he chooses to follow him wholeheartedly.

With high remuneration, heavy authority, and plenty of room for advancement, he made rapid progress during his years at Shanhai Capital, from a micro-investment manager worth tens of millions to a co-founder with a fortune of hundreds of billions.

Reputation, fame, wealth, Chen Heyu gave him everything he wanted.

That was something he would never have imagined before joining Shanhai Capital.

"Rob, in the words of us Chinese people, please take good care of me in the future."

Musk replied politely.

When I met my father, the future richest man in the world, I was very polite to shut up.

Zhou Xiaoyu nodded and immediately synchronized the news with Zhou Zi, because the funding requirements were provided by the overseas business department of Future Technology.

"Old Zhou, during that time, I will stay in the beautiful country to reorganize the newly acquired investment company and run it well."

Chen Heyu warned in a low voice.

There is no professional investment management company abroad. In the future, it will be extremely inconvenient to merge, acquire, and finance other companies, and it will also increase operating costs.

"Okay, boss."

Lao Zhou promised Dong Lai and kept that incident in mind, guessing that the boss would increase the proportion of overseas investment in the next few years after taking Dong Lai home.

"Elon, regarding the Space M starship base, is it convenient for him to visit?"

Chen Heyu asked directly.

Before coming, he inquired about the equity structure of Space M. The main investors include Fugu Gou, Founders Foundation, BFJ and Fuda Group. The most important investors are Fou, who is backed by Yong Xuan of the PLSA Aerospace Department.

While he coveted it, he was also worried that he would not be able to reach the core.

"Of course. I want to know if he is the major shareholder of Space M and has the most voting control."

Musk agreed readily without any hesitation.

In his opinion, Chen Heyu is a big financial backer of Tesla and has a net worth of hundreds of billions. It is normal for him to be interested in aerospace elements.

"What if I invest in shares?"

Chen Heyu asked tentatively.

"No No No, there will be some difficulties in that aspect, unless I am willing to give up my Chinese identity and join the beautiful nationality."

Mask shook his head and refused directly.

"After all, does PLSA Space Division have equity? Although the holding ratio is very low, there are some technical safety and policy restrictions.

Chen, it was too inconvenient for him to speak too clearly, but he thought I should be able to understand the reason behind Hong."

Mask was afraid that he would misunderstand, which would affect his investment direction, so he added in a calm tone.

"It's okay to go shopping in Liquid Garden."

Chen Heyu was a little disappointed. He probably could go outside the company and take a look. Ordinary people could visit the starship bases outside, so it would be difficult to gain anything significant.

"Chen, please, if I can stay in the Golden State for a month, I can just watch the launch process of Falcon Heavy. This is a powerful launch vehicle that can send heavier cargo into space."

Musk advised.

"Let's talk about it when we have a chance."

Chen Heyu didn't behave very positively and responded casually and perfunctorily.

"It is composed of the first-stage cores of three Fcoaln 9 rockets. Each core is an independent Falcon 9 rocket. The total thrust reaches about 2,300 tons, which is equivalent to the full thrust of 18 747 passenger aircraft.

Similar to the Falcon 9, Heavy also has reusable capabilities and can vertically land the first-stage spacecraft of its main engine back to the ground and reuse it, significantly reducing space transportation costs."

Musk said proudly.

Compared with Chinese technology companies, Space M is indeed making great strides. It has recently proposed the PLSA commercial manned program, preparing to send people to the space station and return them safely to the earth.

"Oh? By that time, Space M already had mature rocket recovery technology?"

Chen Heyu thought to himself that he was instantly interested. Isn't that the biggest purpose of his trip?

No matter how tight the defenses of Space M are, just give him a gap and he can pack up all the technologies and take them away.

"He knows a lot about aerospace technology, Elon, can you tell me more about it?"

Chen Heyu deliberately frowned and asked in confusion.

"Falcon 9 adopts a vertical landing method and achieves vertical landing by controlling the combustion and trajectory of the thruster. Therefore, he led the team to improve the thruster control system, fuel and propellant management, and the effect was surprisingly ideal."

Mask shook his head and said confidently.

"Recycling protects the rocket from damage when it re-enters the atmosphere at high speed. The structural design and heat-resistant materials must be different, right?"

Chen Heyu asked pretending not to care.

"Of course, heat-resistant materials can withstand high temperature and high pressure environments to ensure the safety and integrity of the rocket when it re-enters the atmosphere. In that regard, PASA has provided a solution.

The liquid fuel ensures adjustability and is made of a mixture of liquid oxygen (LOX) and kerosene (RP-1)... He could not disclose more specific details."

Mask raised his eyes and looked at Chen Heyu, saying with deep meaning.

"Ding! The system inputs the skill: rocket recovery!"

"Ding! System entry technology: liquid oxygen kerosene fuel!"

"He's not a professional in aerospace. He couldn't understand the details."

Chen Heyu said with a smile.

Hearing the reminder sound in his mind, he couldn't help but feel particularly happy. There were some technical difficulties, so he asked him to step into them and have the confidence to re-optimize based on the original foundation.

For example, Fan-Out packaging technology, which originally had a semi-three-dimensional packaging structure, was transformed and upgraded to a full three-dimensional packaging process.

"A grand dance party has been prepared for me in the morning. It's very nice of Rob. Everyone can relax."

Mask changed the topic, raised his eyebrows, and said with a smile.

"Wrong, Chen, I like Western food, but also Chinese food?"

Chen Heyu suddenly thought of Old Paul's manor dinner, and wondered whether Masik's Western food was authentic?

(End of chapter)