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Chapter 19 My Tesla Autumn Light 2

Feng Yiping is very cautious about the investment amount.

Because this is related to Tesla's voice and control power in the future, we cannot underestimate it, and this issue also involves some issues.

For example, unlike the registered capital payment system currently implemented in China, the United States has a loose subscription system.

The biggest difference between the two is that when you register a company with a registered capital of 500,000 yuan, in China, you first have to go to the bank to open a capital verification account, and then transfer 500,000 yuan of funds into the capital verification account (not necessarily funds, but other equivalents). The bank will issue you a capital verification report. With this capital verification report, the Industrial and Commercial Bureau will apply for a business license for you.

It is very simple for the United States to implement the subscription system. When registering a company, after shareholders have approved the registered capital, they only need to register the registered capital with the state government. It does not require you to complete the registered capital in one step. The paid-up capital may only be part of the capital you subscribed. The remaining capital can be paid at the agreed time, which is somewhat similar to installment payment.

This brings up a problem. Before the company is established, the ratio and time of subscription must be determined.

Unlike the other four, Feng Yiping is not short of money now, so this subscription plan naturally needs to be designed based on this premise, so that it is most beneficial to him.

To put it simply, the larger the actual payment ratio now, the shorter the subscription time, the better.

After that, there is still the issue of capital increase, which is also very critical.

For companies like Tesla, the future capital increase is certain. So the way to increase capital in the future is to increase the face value or increase the capital contribution, increase the proportion of capital contribution when investing, and introduce third parties' requirements... etc.

These problems are very boring, but also very critical. In view of what happened before, Feng Yiping had to be careful.

Because it can be predicted that he will still be running between the United States in the future, and may not be in the United States for a long time. Musk was removed from his post by Paypal because of his newlywed trip and not in the company. Feng Yiping does not want such a thing to happen to him.

The key is that Musk did this later. He drove Martin out of Tesla. Although it was all Martin and other things, how can he explain it clearly?

This time, when he first established a company in the United States, he had several partners, and this was a company he valued very much. Therefore, during this registration, he not only entrusted a law firm, but also found an accounting firm, striving to make a plan that is very beneficial to him but does not make the other four shareholders feel dissatisfied.

Although he took the meeting three days later very seriously, in the middle of the day, as usual, he would take time to meet Straw, Martin and Mark every day to refine and determine what to do after the company was established in the future and related matters, and would send an email to Musk every night.

In order to make your future work smoothly, the harder you will be to keep a distance from them when you have the upper hand, otherwise there may be barriers and confrontations.

…………

"Hi Von," Straw raised his head from a bunch of drawings and greeted him with a smile, "You have to find a place to test the battery first,"

Feng Yiping's office has become the office of Tesla's preparatory team in the past few days. Straw, who has completed the resignation procedures, stays here every day. For convenience, Martin and Mark are also here most of the time.

"Hello, where is Martin?"

Mark is still collecting and organizing information, "Oh, Martin has something private, come here in the afternoon."

He was a little unnatural when he said this.

Feng Yiping smiled and nodded. Needless to say, Martin was probably going to talk about funds with his accountant and bank manager.

"What are the requirements for the local area?" Feng Yiping asked Straw.

"First of all, we need to determine which battery to choose in the future. Currently, there are two main types. Yours and Panasonic are both 18650. I am also planning to go to the market to see other varieties."

"Sometimes stability is more important," Feng Yiping patted Straw on the shoulder.

His words have two meanings. Originally, as a very critical component, but the performance has not been very stable. The battery of an electric vehicle originally emphasizes stability.

Another meaning is naturally nothing more than the stability of supply. Of course, Feng Yiping’s own lithium battery company is more stable.

Why did he struggle to find Professor Jiang? It was because he later established the a123 Systems Company, and the largest customer of this lithium battery company was Fisco Automobile, another electric vehicle company that was once as powerful as Tesla.

He bought Professor Jiang’s patent and built a lithium battery manufacturer in China in order to prepare for the electric vehicle company he must participate in.

Originally, when he was watching others play in circles, letting all his investment projects combine together and become an ecosystem, producing the result of one plus one being greater than two, Feng Yiping could only see and leave a slut of envy. Now that he has the conditions, he naturally has to play like this.

"Yes," Straw nodded, "there is a comprehensive consideration of stability, safety and production costs."

By this, Feng Yiping felt that his company's 18650 lithium battery should be more competitive than Panasonic's.

"We will definitely do all kinds of harsh and cruel tests. In this process, explosions and fires should appear frequently, so this place must be independent and strong enough,"

"That's it," even later, I often heard the explosion or fire of the batteries of laptops and mobile phones. Moreover, the current lithium batteries are not as mature as they will be rigorous and cruel. Feng Yiping instantly equated this work with the work Nobel did back then.

"Nextdoor's park is under construction. You pick a suitable house and design a laboratory. I will give priority to the construction team's construction and the equipment needed, as well as the purchase of the first priority,"

"Safety is the most important thing. I don't want you to be injured in business,"

"Thank you Feng, I'll go in the afternoon," Straw said happily.

I'm afraid that only Straw is the one who cares the least about investment amount.

"Mark, are you together?"

"Okay," Mark didn't hesitate, he was a purer engineer than Martin.

…………

During the walk after dinner, Amanda held Feng Yiping's hand and rushed forward, which made the tall Feng Yiping bend over and go to his daughter, "Just finished the meal, walk slowly,"

"Hehe," Amanda held his father's hand, "Quick, hurry," he was very energetic, but looking at this cute little guy, Feng Yiping, who had been busy all day, didn't feel tired at all, "Wait, you go by yourself, be careful, dad wants to answer the phone,"

"Hi Elon," Musk actually called.

"Hi Feng, how much money are you going to invest?" He actually asked this question straight to the point.

How much does this mean?

"It's okay to pay 100 million in actual payment," Feng Yiping said relaxedly.

"I know," Musk laughed there, "You may have too much. I can probably take out up to 30 million. The three of them may not be able to raise 10 million. I think this is good. Our registered capital is set at 100 million. You subscribe to 60 million, I am 30 million, and the three of them are 10 million,"

If this is true, I have to say it is quite good. Even if the other four people join together, they are not as high as their own shares.

"Okay, I'm more affordable now, so I can pay it all at once," Feng Yiping is not pretending to be 13, but he does have the ability now. "If you are temporarily inconvenient to raise money, you can agree on the subscription period."

He actually didn't need to do this. The reason he said this was to let everyone understand that I was not intending to reduce everyone's share. I really had sufficient funds and the company's development also required a lot of investment.

"Haha, you don't need to do this, but, for specific purposes, we can discuss it at the next meeting,"

After Feng Yiping hung up the phone, he was a little skeptical. How could Musk only ask for half of his shares? He raised the price and it should be fine if he raised the price of 50 million.

"Dad, dad," Amanda scratched his palm.

Regardless of it, at the next meeting, if Musk has 30 million, then he will have 60 million, and if he has 50 million, he will have 100 million... In short, competing for wealth, Musk is really far from himself. Moreover, Tesla is the first to establish it, and he has the most shares and can also occupy a large share.

What was a bit unexpected to Feng Yiping, at the meeting, after listening to Musk's proposal, even Martin agreed with such investment and shareholding ratio. For the other 1,000 miles, he subscribed 4.5 million, Mark subscribed 2.5 million, and Straw subscribed 3 million.

The three of them only paid half of the subscribed amount in the first batch, and the rest would be paid within two years, while Feng Yiping invested 50 million in the first batch and Musk invested 20 million in the first batch. The remaining amount would be paid within two years at most, but if the company needs to develop, it would be paid within one year.

This was incredible and smooth. The plans he had prepared were almost useless. He drank the champagne specially prepared for him by Mike. As Feng Yiping, who had controlled the company, looked at the happy Musk, the happy Martin Mark and Straw, and felt a little unreal. In this way, can we say that what about my Tesla in the future? (To be continued.)

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