Giant of the times - Chapter 493
c484 Acquisition of Tesla
On the morning of December 26, this meteorite came into the hands of Li Zetian.
Li Zetian ordered people to take away the meteorite, and while making a meteorite pendant, he ordered a team of experts to test the composition of the meteorite to see if it was harmful to the human body.
Meteorites are, after all, foreign objects. They are very mysterious. They may contain radiation, or they may contain elements that have not yet been discovered by humans. In short, it is best to be careful. However, as far as Li Zetian knows, “extraterrestrial stones” such as meteorites are rare and precious, but they are generally not radioactive and harmless to the human body.
On January 12, 2006, after Li Zetian’s family returned from vacation, the expert team sent Li Zetian a test report. The meteorite contained some mysterious and unknown ingredients, but it was not radioactive and harmless to the human body.
In addition, the meteorite pendant will be made by Tiffany’s top craftsmen in the United States. In order to make it the best among the best, it cannot be delivered in a short time.
Li Zetian nodded secretly, expressing his understanding and knowing that good things are always worth waiting for!
Two days later, Li Zetian was flying to Germany again.
The negotiations between BMW and Germany’s Bosch have made great progress. Li Zetian is here, firstly, to sign the contract, and secondly, to continue his efforts and do some big things!
Space-X2000 arrived at Munich Airport in Germany at 3:15 pm on January 15.
Li Zetian told Norbert Reithofer not to come to pick him up at the airport. He has always been a very low-key person.
It was a bit late today. Li Zetian did not go directly to the BMW company, but went to the hotel to stay and rest first.
The Hilton Munich Airport Hotel is located between Terminals 1 and 2 of Munich Airport. It has an eye-catching glass exterior wall. Naturally, Li Zetian stayed here directly.
Lying on a comfortable bed, Li Zetian suddenly discovered that it was really beneficial to buy and build hotels all over the world. Think about it, no matter which big city you go to, you will always have your own hotel. It will be comfortable and safe to stay here!
At around 8 o’clock the next day, Li Zetian went to BMW’s headquarters after having breakfast at the hotel.
After arriving at the company, Norbert Reithof and representatives from Bosch of Germany welcomed him out.
Norbert Reithof first introduced some of the other parties to Li Zetian, and after a brief greeting, they came to the conference room together.
Norbert Reithof has almost reached an agreement with the representatives of Bosch in Germany. Li Zetian came here basically to sign a contract directly.
BMW will acquire Bosch of Germany for US$2 billion plus 7.5% of BMW’s common stock.
In the conference room, after both parties confirmed that the contract was correct, they formally signed it.
“Happy to work with!”
“Happy to work with!”
“Congratulations, Mr. Li, from now on, you are the boss of Bosch Germany!!” the representative of Bosch Germany smiled.
Li Zetian showed a faint smile: “The share exchange is a win-win situation for both of us. I believe that the future of BMW and Bosch will be extremely brilliant!!!”
“Haha, with Mr. Li’s support, there is no need for BMW and Bosch to succeed!!!”
“I’ve asked the secretary to prepare the champagne. Let’s have a drink!” Norbert Reithof smiled.
“Okay! Let’s have a drink!!”
Norbert Reithof’s secretary poured everyone a glass of champagne, and everyone started drinking champagne to celebrate.
…
At around 5 o’clock in the afternoon that day, BMW announced that it had successfully acquired Bosch of Germany.
As soon as the news came out, the industry was shocked.
“Nah! I have long said that after Chronos Li acquires BMW, he will definitely cause trouble! Sure enough, look, BMW actually acquired the world’s largest automotive technology supplier – Germany’s Bosch!!!”
“Damn, rich people play with capital! Capital will crush you, you have to obey!”
“Alas, competition in the automobile industry will become increasingly fierce in the future…”
“Whatever, if the sky falls and there is a tall man holding it up, the one who is most worried should be Japan’s Toyota Motor Corporation.”
“…”
Automobile companies around the world are full of complaints against Li Zetian and are very afraid of his involvement in the automobile industry.
At the same time, auto parts companies are also very dissatisfied with Li Zetian and are very afraid of him because of his acquisition of Bosch of Germany.
In short, competitors in the automobile industry simply regard Li Zetian as a devil!
In this regard, Li Zetian was helpless. No matter what business he was doing, it would always harm the interests of some people.
However, no matter what the outside world said and commented, Li Zetian ignored it. He still had things to do.
Bosch is actually not only an auto parts giant, but also a home appliance giant. In 1967, Germany’s Bosch and Siemens Home Appliances Group jointly established “Bosch Home Appliances”, with each party owning 50% of the shares. Since then, Siemens home appliances have been independently produced, sold and provided with after-sales service by BSH. In other words, in recent decades, the Siemens home appliances purchased by consumers are no longer the “pure” Siemens brand, but are manufactured by Bosch Home Appliances, a joint venture between Bosch and Siemens!
Li Zetian knew that in his previous life, Siemens completely withdrew from the home appliance market in 2014 and sold the remaining 50% shares of BSH to Bosch. Therefore, Li Zetian is thinking about whether Siemens seems willing to sell Siemens’ home appliance business to Bosch a few years in advance…
Li Zetian chatted for a long time with Norbert Reithof and Bosch CEO Franz Fehrenbach. On the evening of January 20, Franz Fehrenbach sent an email to the chairman of Siemens, stating that Bosch wanted to acquire Siemens’ 50% stake in Bosch Home Appliances.
Li Zetian originally thought that Siemens might consider it, but the result was that the other party firmly refused!
“I was rejected!” Li Zetian’s brows furrowed into the character “Chuan”.
Li Zetian may not know much about Siemens. There are roughly two reasons why Siemens sold home appliances in his previous life. First: starting from 2006, the home appliance market has become highly competitive and has entered an era of small profits. Even international companies such as Siemens have The profit margin of the big-name home appliance business is only about 5%; second: Siemens learns from GE, sells its manufacturing business, transforms into a software and data company, and enters the industrial Internet of Things! ! !
As far as the current situation is concerned, the home appliance market is still profitable, and the industrial Internet of Things has not yet emerged. As a manufacturing giant, Siemens will naturally not give up its decades-long home appliance business!
Li Zetian thought for a while and finally gave up on the idea of acquiring Siemens’ home appliance business.
It is now 2006, and the U.S. subprime mortgage crisis is about to come. By then, General Electric has been busy selling its home appliance business. I am afraid Siemens also has this idea… However, in the previous life, everyone was in danger, which company Does the company dare to acquire their home appliance business?
The reason why Li Zetian wanted to acquire Siemens’ home appliance business this time was to develop smart home appliances. However, since the other party did not intend to sell it, Li Zetian could wait a little longer.
As a result, Li Zetian no longer paid attention to Siemens, but discussed the company’s next development with BMW CEO Norbert Reithof.
“Now that Bosch has been successfully acquired by BMW, we will increase investment next!”
“Okay, no problem. You invested US$25 billion in BMW before, and now BMW has very strong financial resources!!” Norbert Reithof responded with a smile.
“By the way, Tesla Motors has been registered, right?” Li Zetian asked.
“Mr. Li, I was just about to tell you this!”
Norbert Reithof said with a wry smile, “When I sent someone to register Tesla Motors, I found that there was already a car company in California that had registered Tesla Motors in 2003, but because the company was too It is small and has not launched a real car, so I have not heard of this company…”
When Li Zetian heard this, he couldn’t help but be stunned. The boss of BMW is a boss. Do they all look down upon small companies? But after thinking about it carefully, Norbert Reithofer was once the chairman and CEO of BMW. How could he have time to pay attention to a small company in California, USA… How many car companies are born every year? Are you paying attention?
In addition, due to the butterfly effect, Elon Musk is not the Elon Musk in his previous life, and he has not invested in Tesla Motors, which has led to the slow development of Tesla Motors in this life~
Electric vehicles have less impact on the environment than traditional vehicles. Although their prospects are good, the technology is not yet mature. Therefore, many people are not optimistic about pure electric vehicles. Naturally, very few people dare to invest in Tesla Motors. In this life, Tesla Motors failed to get investment and help from Elon Musk, so it was lucky that it didn’t die.
Norbert Reithof then continued: “However, I have sent people to acquire Tesla Motors, a company in the United States. The company has been committed to developing electric vehicles since 2003 and has accumulated a large amount of Technology.”
“No matter how tortuous the process is, as long as things are done well, and the successful acquisition of Tesla Motors this time is a small surprise, it can speed up the research and development of electric vehicles.” Li Zetian paused and said with a smile: ” Haha, the combination of electric vehicles + autonomous vehicles should be more of a selling point!!!”
“Well, that’s true!”