Chapter 767 Guan Yu vs. Qin Qiong

Where is Liu Qing?

After bidding farewell to everyone, Lu Liang left the venue, only to suddenly realize that one woman was missing from the crowd.

"President Liu had already left when you were announcing the Easter egg," Xu Jiawei replied.

"Most successful people benefit from the dividends of the times," Lu Liang chuckled, not taking it to heart.

He once thought that Lotus, managed by Liu Qing, would become Tianxing's biggest competitor in China.

It seems he overestimated Liu Qing. Without a mature supply chain, the nearly 70 yuan price tag of the first-edition coupe is understandable.

But the second car, still clinging to the arrogance of a former British supercar brand, was priced so high that it was simply courting disaster.

After all, companies like NIO dare to sell at high prices because they have the concept of battery swapping as a safety net, and they have already gone public in the US, so they can raise funds from the market.

In contrast, Lotus has nothing. Because it is controlled by Lenovo, it is excluded from Geely's system and now only has nostalgia left.

The best course of action for Lotus now is to follow Geely's example and focus on the market below 300,000 yuan.

Build the market first, then make money.

Whether Liu Qing was out of her mind or blinded by resentment, she actually thought of challenging Tianxing Yaoguang to a duel.

Yaoguang's car is backed by the most mature new energy industry chain system in the country, and Lu Liang is also the talent scout for those suppliers.

He can get the lowest price for every component, an advantage that even Tesla and BYD can only dream of. How can Lotus be anything more?

However, this incident also shows that Didi's success is due to the dividends of the times and the accumulation of resources. It has something to do with Liu Qing, but not much.

At noon, the number of pre-orders for the Yaoguang exceeded 10,000 in the 23rd minute after its launch, but in the first hour 37 minutes later, the total number was only 13,500.

The good news immediately sparked heated discussions among netizens, as the predicted number of orders was significantly lower than expected.

"Only 1.35 units? How could that be so few?"

"You're even more ignorant than Lu Liang, do you really think a car worth 35 isn't a luxury car?"

"Don't be fooled by the fact that people online claim to earn millions a year; in reality, very few earn more than ten thousand a month."

"This price corresponds to a BMW X3, Audi Q5, and Mercedes-Benz GLC. In reality, how many BBA (BMW, Mercedes-Benz, Audi) cars are there?"

"I'm doomed. I thought I could be like Tian Shu, selling at a high price. Can I still get my 10,000 yuan deposit back?"

"Laughable, stop dreaming. There was already a case of people placing orders randomly when Tian Shu was released. At that time, Liangzi was willing to refund the money, but also stated that there would be no refunds in the future. Either give up the 10,000 yuan deposit, or just buy it honestly."

"Mr. Lu, please, please save the child!"

Many people who lack purchasing power but only want to act as scalpers have been tagging Lu Liang, hoping he will show leniency once again.

However, all the news seemed to disappear without a trace, and these people didn't elicit any sympathy from netizens.

He wanted to be a bad guy, but ended up being a fool. It just goes to show that karma is a wheel, and no one escapes its consequences.

That afternoon, a large number of heads of capital institutions arrived in Suzhou, including domestic firms such as Bank of China, CITIC, Sequoia Capital, and GSR Ventures, as well as international firms such as SoftBank, Temasek, BlackRock, and Vanguard.

Without exception, they were all preparing for the Tianxing Auto public financing conference on the afternoon of the 20th.

The success of Yaoguang signifies that Tianxing Auto has firmly established itself as the leading domestic luxury brand, and the success of Tianshu is by no means accidental.

While the valuation of $480 billion may be slightly inflated, capital institutions often consider not only on-market factors but also off-market factors.

The sales volume and market acceptance of Tianxing's two models can be attributed to internal factors, while Lu Liang's existence is an external factor.

Just like Tesla's market value has returned to $2000 billion, surpassing General Motors and Ford, which have been established for over a century.

In terms of actual corporate value and brand effect, Tesla is definitely far inferior to GM and Ford.

But Musk's strength lies in his knack for creating trouble; he's either working on the Starlink project or clamoring to colonize Mars.

Other companies empower individuals through their brands, but Tesla empowers the brand through Elon Musk.

Tianxing Autos is also a brand empowered by Lu Liang, especially since his main business is in the financial industry.

Once Tianxing Auto goes public, its price-to-earnings ratio will definitely be on par with Tesla's, or even surpass it.

At that time, $480 billion will not only become a market capitalization, but it will probably add another zero.

Therefore, the assessment of the institutions is that it's not too late to get on board now, and there's still profit to be made.

"They're really enthusiastic."

Upon hearing this, Lu Liang wore a strange smile: "I wonder if they'll shed tears when the divestiture plan is announced?" "Definitely not." Wang Xiaofeng shook his head. If this growth momentum continues, Tianxing Auto could achieve profitability as early as the end of next year.

So even if Tianxing Auto doesn't go public, but instead extracts the equity of General Tianxing and lists it independently, the investment institutions will still not lose money.

"You don't understand them; earning less is the same as losing money."

Lu Liang chuckled and joked, "Profit dividends are only a few dollars. The real opportunity to make big money is to go public and sell your shares."

With this round of financing, Tianxing Auto is no longer short of funds and can sustain itself until it becomes profitable.

Lu Liang plans to divest his shares in General Motors Tianxing and then, in conjunction with General Motors, push for General Motors Tianxing to list on Nasdaq.

In the field of new energy, his goal has always been Tesla.

However, Tesla's most troublesome aspect is not only its three-electric system integration technology, but also its unparalleled influence in the capital market.

Even though Lu Liang had shorted the company several times before, and its market value had even fallen below $100 billion at one point, it had not fundamentally damaged the company.

Because offline and online are two separate battlefields, unless an absolute overwhelming force is formed, it is difficult to influence Tesla's capital position online through offline influence.

Therefore, to completely defeat Tesla, it is not enough to just focus on the offline market; it is best to also establish direct competition online.

The launch of General Motors' Tianxing was intended to directly challenge Tesla in the online market.

It will only truly fail when it defeats the two areas in which it excels.

Otherwise, it's like comparing Guan Yu and Qin Qiong—they weren't from the same era, so how can you judge who was more powerful?

Although Lu Liang said that the market is so big that even in just one country like Dongda, there are enough to give rise to several luxury brands and several affordable brands, Tianxing and Tesla do not necessarily have to be competitors.

But three years later, Tesla's $1.2 trillion market capitalization remains a thorn in his side.

Take Apple as an example. In the global market, there are only Android phones and Apple phones, but its current market value is only over 900 billion US dollars.

Lu Liang couldn't even imagine what kind of behemoth Tesla, with its $1.2 trillion valuation, truly was, so he had to suppress it.

Tesla must fall from its pedestal for Tianxing to have a chance to become the new god.

Even if we take a step back and assume that the development of electric vehicles requires the full support of the nation, there's no reason to let a foreign company reap the biggest rewards.

In the evening, Lu Liang ended the meeting and left the company, having initially set three strategic goals: short-term, medium-term, and long-term.

The goal is to construct the second-phase factory in the short term, increase production capacity, and strive to reduce the delivery cycle to within eight weeks.

In the mid-term, they joined forces with GM to push for GM Star's listing in the US, directly competing with Tesla.

The company has long been developing its own technologies, including range extenders, plug-in hybrids, hybrids, and internal combustion engines, to maintain its competitiveness.

As night fell, Lu Liang returned to the hotel. Instead of going to Li Manli's residence, he planned to give Xiao Lu the night off.

I had just finished showering and was lying in bed scrolling through my phone when I suddenly received a message: "How have you been? Have you missed me?"

"I think about it every single day."

Lu Liang couldn't help but chuckle. He opened his WeChat Moments and saw a wealthy and generous young woman.

Since Tian Xi joined the cast of Joy of Life and took on the role of the female lead, they haven't been in contact for a long time.

Two-way communication is relatively rare because messages are usually sent more than half an hour later, and even if Lu Liang sees them, he won't reply.

"Liar, you miss me? Then why don't you contact me?" Tian Xi sent a panda head emoji with dark circles under her eyes.

"I thought about it in my spare time, but I was afraid of interfering with your filming, so I didn't dare to contact you," Lu Liang said with a smile.

"real or fake?"

"Fidelity."

"I'm filming at Huayi Brothers' film studio."

Lu Liang clicked his tongue, turned his head to look out the window, and saw a film and television base in the southeast direction.

The Tianxing Industrial Park was almost located there, but the place was too small and there were ancient buildings that couldn't be demolished, so it was abandoned.

"What? Not saying anything? Pretending to be an expert?" Tian Xi sent voice messages one after another, her tone becoming more and more aggrieved, after all, she had hinted so obviously.

Lu Liang thought for a moment, then stood up and stretched his waist. Feeling that he could still hold on, he smiled and said, "I'll send someone to pick you up. I happen to live nearby too."

"Okay." Tian Xi smiled and immediately sent the detailed location: "Send me the license plate number when you get there, and I'll sneak out. The director doesn't allow me to go out when he's filming."

(End of this chapter)

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