Galactic Tech Empire

Chapter 335
Bill Ford, president of Ford Motor, is discussing Raytheon's request with a dozen major shareholders.

"Dear directors, Raytheon Group requested to use 100 billion Chinese yuan to purchase a 30% stake in Ford Motor. I would like to hear your opinions on this matter." Bill Ford asked.

All shareholders have expected this condition. In fact, among the three major car companies of Milijia, Ford Motor has the strongest family atmosphere. After GM and Chrysler encountered several bankruptcy crises, the shares and control of the founder family The power has been diluted to very small.

However, Ford Motor has always been controlled by the Ford family, mainly because the founder of Ford, Old Ford, created the AB double-layer stock system.

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

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

This is also one of the reasons why GM is bankrupt, Chrysler is half dead, and Ford still has the money to annex 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 ordinary 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 try to lower the proportion as much as possible." Another shareholder said.

"I also think the ratio is too high. Since it is a negotiation, it is necessary to bargain."

"I'm afraid that Raytheon Group will take a tough attitude. After all, they are the ones who hold the initiative now."

"..."

Other shareholders also chattered about it. Obviously, they also sold shares to Raytheon Group, but this ratio is open to discussion. After all, no one wants their own income to be reduced.

"Okay, let the negotiating team talk as much as possible. If it doesn't work, accept the 30% ratio. Don't forget that if we disagree, we will be seriously affected." William Clay reminded.

Bill Ford followed suit:

"William is right. Ford's profit this year may be less than 3 million dollars. If we don't solve this problem, we are very likely to lose money next year. We are reluctant to part with 30% of the shares. If we can't make a profit, what are these shares in our hands? use?"

"If it really doesn't work, I can agree to 30%, but after talking about it, maybe the ratio can be lowered."

The other shareholders nodded in agreement.

"Then I'll let Haitings talk about it as much as possible!" Bill Ford also agreed to do so. If the ratio can be negotiated to be smaller, why would he not want to.

……

Shanmei, Miramar Hotel.

Haitings received the email from the headquarters and quickly opened it.

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

"As you said, Mr. Ford agreed to this matter, but asked us to keep the proportion of shares sold as low as possible during the negotiation." Haitings replied looking at the email.

Like the Ford negotiating team, Musk and the Volkswagen Group negotiating team also lived in the Miramar Hotel.

However, Musk now looks depressed. Raytheon Group gave 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 not very profitable, if the supply price of Raytheon batteries is really increased by 30%, Tesla is very likely to be doomed.

While weighing the pros and cons, Musk headed to the tea room on the top floor of the hotel.

"Hello! Mr. Musk!" The leader of Volkswagen's negotiation team is Marcus, the chief operating officer.

After being stopped suddenly, Musk realized that it was Marcus, the chief operating officer of the Volkswagen Group:
"It's an honor to meet you!"

"I am also very honored. Is Mr. Musk going to drink tea?"

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

"Together?"

"My pleasure."

The two of them came to the Star Tea Room, where the starry sky formed by holographic projection was like being in a cosmic space, which made people feel truly dreamlike here.

"What kind of tea does Mr. Musk want to drink?" Marcus asked after taking his seat.

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

"OK." Marcus turned his head and said to the tea maker beside him, "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 Longjing; Emei Xueya; Meitan Cuiya; Orchid Sparrow; 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 suddenly became a little confused, looking at a row of green tea varieties, he was at a loss and stared at Musk.

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

"A pot of Emei Xueya!"

The tea maker started brewing tea with a sense of ritual. Anyway, in front of people who don't understand, it is a proper high-end atmosphere.

Anyway, Marcus and Musk felt that they were full of force, and watched the tea brewer make tea with an expression of appreciating art (pretending to be forceful).

Since it is so high-end, the fee must of course keep up with such a high-end, a pot of tea is 9999 yuan, absolutely no deception.

The tea brewer operated like a tiger for a while, and brought the full tea to the two of them.

"Thank you!"

"Please enjoy!"

After the tea brewer left, Musk said slowly: "The public is also here for the Thor battery?"

"Yes."

"Is the negotiation not going well?"

"It's very difficult. They asked for 30% of the shares, and they bought it for 100 billion Chinese yuan. What's the difference between this and giving away?" Marcus smiled wryly.

After taking a sip of tea, Musk said helplessly: "Tesla is the same. They blame Tesla and General Motors for the Super 500 battery. If they don't sell 30% of the shares, they will increase the battery supply price by 30%." %."

"With technology, we can really do whatever we want. Didn't we treat Dongtang Enterprises in the same way before? We didn't expect this kind of thing to turn to us in the end." Marcus said self-deprecatingly.

"What are you going to do? Yes? No?"

"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 the capital to bargain, Tesla does not."

The reason why Tesla is not qualified to bargain is because it is a pure electric vehicle company, and it will be paralyzed immediately if it loses its battery, while Volkswagen is not a pure electric vehicle company, they also have a fuel vehicle business.

The two vomited bitterness while drinking tea. Although they both hated the Raytheon Group, they had to bow their heads now that the situation was stronger than others.

After several days of negotiations, Ford Motor first reached an agreement with Raytheon Group. Raytheon Group acquired 80% of Ford's common stock for 27 billion Chinese yuan, and Ford Motor received the internal supply price of Raytheon batteries.

Ford's surrender forced Tesla to accept Raytheon Group's conditions. After Tesla, Volkswagen Group also bowed its head and sold 24% of its common shares to Raytheon Group for 50 billion Chinese yuan.

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

(End of this chapter)