Three hundred and thirtieth chapters sell themselves for a living
Ford President Bill Ford is discussing Raytheon's requirements with more than a dozen major shareholders.
"Dear directors, Raytheon Group requires 1 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 founder family's shares and control
The power has been diluted to a very small level.
However, Ford Motor has always been controlled by the Ford family, mainly because its founder, Ford Sr., pioneered the ab dual-class share system.
At present, 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 the shares held by family trust funds and other family members.
Although the Ford family has been passed down to the fourth generation, Ford cars are still firmly controlled by the Ford family.
This is one of the reasons why, even though GM went bankrupt and Chrysler was half-dead, Ford still had 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." Bill Ford's sister agreed.
"30% is too high, let the negotiation team lower the ratio as much 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 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, I'll agree to 30%, but if we talk about it, maybe we can 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 replied after looking at the email.
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 has low profits to begin with, 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, which 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.
"Okay." Marcus turned to the tea maker aside 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.
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 it. A pot of tea costs 9,999 yuan, which is absolutely fair.
The tea brewer worked 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 1,000 million yuan. What's the difference between this and giving it away?" Marcus said with a bitter smile.
After Musk took a sip of tea, he said helplessly: "Tesla is the same. They are angry about the 5oo battery cooperation between Tesla and General Motors. If they don't sell 30% of the 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? Reject?"
"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 is not qualified to bargain is because it is a pure electric vehicle company and would be paralyzed if it loses its battery, while Volkswagen is not a pure electric vehicle company and 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 a passion, the situation was stronger now 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 Toyota'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.
Faced with this trend, Chrysler, Audi and other companies have also succumbed to the Raytheon Group.