Galaxy Technology Empire

Chapter 335 Selling oneself for survival

Ford President Bill Ford is discussing Raytheon's requirements with more than a dozen major shareholders.

"Dear directors, Raytheon Group requires 10 billion yuan to purchase 30% of Ford Motor Company's shares. I would like to hear your opinions on this matter." Bill Ford asked.

All shareholders have long expected this condition. In fact, among the three major car companies of the Mi Li family, Ford Motor has the strongest family atmosphere. After General Motors and Chrysler encountered several bankruptcy crises, the shares and control of the founding family The power has been diluted to very little.

However, Ford Motor has always been controlled by the Ford family, mainly because its founder, Ford Sr., pioneered the AB dual-class share system.

The Ford family still controls 40% of the decision-making power of Ford Motor Company. President Bill Ford and the largest shareholder William Clay are both members of the Ford family, plus shares held by family trust funds and other family members.

Although the Ford family has been passed down to the fourth generation, all Ford cars are still firmly controlled by the Ford family.

This is one of the reasons why, while GM is bankrupt and Chrysler is half-dead, Ford still has the money to acquire most of GM's legacy.

William Clay thought for a while: "You can talk to them, but the bottom line is that the shares sold must be common shares. They only have supervisory rights and cannot participate in the daily management of the company."

"I agree with William," agreed Bill Ford's sister.

"30% is too high. Let the negotiating team keep the ratio as low as possible." Another shareholder said.

"I also think the ratio is too high. Since it's a negotiation, we have to bargain."

"I'm afraid that the Raytheon Group will take a tough stance. After all, they have the initiative now."

"..."

Other shareholders also started discussing it. Obviously, they also sold shares to Raytheon Group, but this ratio is subject to discussion. After all, no one wants their income to be reduced.

"Okay, let the negotiating team try their best to talk. If it doesn't work, accept the 30% ratio. Don't forget that if we don't agree, we will be severely affected." William Clay reminded.

Bill Ford also said:

"William is right. Ford's profit this year may be less than US$300 million. If we don't solve this problem, we are very likely to suffer losses next year. We are reluctant to part with 30% of the shares. If we can't make a profit, what do we have with these shares?" use?"

“If it really doesn’t work, we can agree to 30%, but if we talk about it, we might be able to lower the ratio.”

Other shareholders nodded in agreement.

"Then I'll let Heitings talk as much as possible!" Bill Ford also agreed to do this. If the ratio could be smaller, he wouldn't want to.

Shanmei, Miramar Hotel.

Heitings received the email from headquarters and quickly opened it.

"The head office and the board of directors should agree to this!" Parker asked affirmatively.

"As you said, Mr. Ford agreed to this, but asked us to reduce the proportion of the shares sold as much as possible during the negotiations." Heitings looked at the email and replied.

Like the Ford negotiation team, Musk and the Volkswagen Group's negotiation team also stayed at the Miramar Hotel.

However, Musk now looks depressed. Raytheon Group has given him two options. The first is a 30% stake, and the second is a 30% increase in the price of Raytheon batteries.

Tesla, which is already not very profitable, will most likely be doomed if the supply price of Thor batteries really increases by 30%.

While weighing the pros and cons, Musk headed to the hotel's rooftop tea tasting room.

"Hello! Mr. Musk!" Volkswagen's negotiating team leader is Chief Operating Officer Marcus.

When someone suddenly stopped him, Musk realized that it was Marcus, the chief operating officer of the Volkswagen Group:

"It's such an honor to meet you!"

"I am also very honored. Mr. Musk, do you want to have tea?"

"Exactly." Although he didn't want to drink tea, but simply wanted to relax, Musk, the master of deception, quickly responded.

"Then together?"

"My pleasure."

The two of them came to the Star Tea Drinking Hall. It was like being in the universe. The starry sky composed of holographic projections made people feel truly dreamlike here.

"What kind of tea would you like, Mr. Musk?" Marcus asked after sitting down.

"That green tea." Musk obviously didn't know how to express green tea.

"OK." Marcus turned to the tea master and said, "Sir, a pot of green tea!"

"Green tea? These are green tea varieties." The tea brewer opened the holographic bracelet and listed a row of green tea varieties.

[West Lake Dragon Well; Emei Snow Buds; Meitan Green Tea; Orchid Bird's Tongue; Huiming Tea; Dongting Biluochun; Sword Leaf; Mabian Yunwu Tea; Rizhao Green Tea; Guzhu Purple Tea; Wuzi Xianhao; Huangshan Maofeng; Lu'an Guapian; Xinyang Maojian...]

Marcus was suddenly confused. Looking at the row of green tea varieties, he stared at Musk at a loss.

"The second one." He could only choose one by the way.

"A pot of Emei snow bud!"

The tea master started making tea in a very ceremonial way. Anyway, in front of people who don't understand, it is a high-end atmosphere and class.

Anyway, Marcus and Musk felt that they were very cool, and looked at the tea maker making tea with an expression of admiration for art (pretending to be cool).

Since it is so high-end, the price must keep up with such high-end. A pot of tea costs 9999 yuan, which is absolutely innocent.

The tea brewer worked fiercely like a tiger and served a full cup of tea in front of the two of them.

"Thanks!"

"Please enjoy!"

After the tea maker left, Musk said slowly: "The public also came for the Thor battery?"

"Yes."

"Were the negotiations not going well?"

"It's very unsatisfactory. They asked for 30% of the shares, and they purchased it for 10 billion yuan. What's the difference between this and giving it away?" Marcus said with a wry smile.

After Musk took a sip of tea, he said helplessly: "Tesla is the same. They are angry about the cooperation between Tesla and General Motors on the Super 500 battery. If they do not sell 30% of their shares, they will increase the battery supply price by 30%." %."

"With technology, you can really do whatever you want. We didn't do this to Dongtang Enterprises in the past. We didn't expect that this kind of thing would eventually happen to us." Marcus said mockingly.

"What are you going to do? Promise? Refuse?"

"I'm waiting for the headquarters' decision. What about Tesla?" Marcus spread his hands and replied.

Musk said helplessly: "Tesla can only agree. You may still have bargaining power, but Tesla does not."

The reason why Tesla has no right to bargain is because it is a pure electric vehicle company and will be paralyzed immediately if it loses its battery. However, Volkswagen is not a pure electric vehicle company. They also have a fuel vehicle business.

The two of them vomited their bitterness while drinking tea. Although they both hated the Raytheon Group with itch, but now the situation was stronger than others and they had to bow their heads.

After several days of negotiations, Ford Motor first reached an agreement with Raytheon Group. Raytheon Group purchased 27% of Ford's common shares for 8 billion yuan, while Ford Motor received the internal supply price of Raytheon batteries.

Ford's surrender forced Tesla to accept the conditions of Raytheon Group. After Tesla, Volkswagen Group also lowered its head and sold 24% of its common shares to Raytheon Group for 5 billion yuan.

In the face of this trend, Chrysler, BMW, Daimler (Mercedes-Benz) and other companies have also succumbed to the feet of Raytheon Group.

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