Chapter 225: Tesla Model

Words : 1657 Updated : Sep 25th, 2025

New energy vehicles were an endurance test. After all, a new product, second only in price to a house, required consumers to be extremely cautious in their selection. Both Li Xiang, as an entrepreneur, and Lu Liang, an investor, were prepared to sustain losses for at least three years. Having bid farewell to Li Xiang, Lu Liang murmured to himself on the way to the hotel, "Could it be that the Tesla model is the right one?" The approach to going public in the United States is quite different from that in Mainland China, where companies need to have proven track records, steady revenue, and even a balance of income before they can list. By contrast, in the United States, as long as a company can list, it does so immediately, drawing a blueprint for the market, using market funds to develop itself. Tesla was among the best of this group, with consecutive annual losses exceeding 800 million US dollars before listing, with only one electric sports car model, the Roadster, in its lineup. It went straight into an IPO, applying for a listing, with an initial offering price of 17 US dollars per share, giving the company a valuation of only 1.7 billion US dollars. In six years, it raised over 5 billion US dollars, growing ever stronger, with a current market value surpassing 35 billion US dollars. In short, it operated its car business as a financial product. The new forces in car manufacturing all wanted to follow Tesla's lead, especially NIO's Li Bing, who was already pondering how to IPO the next year. The threshold for listing on the Nasdaq is quite low, requiring only three conditions and one principle to be met for application. The first is a prerequisite, which demands the company to have been economically active for over a year and to possess significant growth potential. The second, a negative condition, states that the company must have a net asset value of over 5 million US dollars and a company valuation of 50 million US dollars. The third, a positive condition, stipulates that after the Securities and Futures Commission's review is passed, a company needs to have a public shareholder base of over 300 people. The fourth is the integrity principle, with a popular saying at Nasdaq: any company can go public, but time will prove everything. Compared to the Growth Enterprise Market, which requires at least three years of registration, stable revenue, and balanced earnings, it's incredibly easy. However, as easy as it is to go public, delisting is just as easy. A company needs to have a certain social influence; otherwise, going public won't attract the necessary funding, and the listing is in vain. "They lack money; I don't." After much thought, Lu Liang decided to stick to his path and follow BYD's model, pursuing a fully industrialized strategy. Public funds exist precisely for full industrialization, and although there are many restrictions, they have strong liquidity. As long as a company is profitable on paper, it can go three to five years without distributing dividends, and even if some sell their shares, others will buy in. Fund management fees don't matter; Lu Liang isn't the type to covet that small revenue. What he wants is the principal. Somewhat similar to the once-popular Blue Sky Plan, yet different, the new energy industry has great potential. In the evening, Lu Liang returned to the Marriott Hotel, and just as he lay down on the sofa to rest his eyes for a moment, the sharp sound of the doorbell rang. As he opened the door, Zhang Tian'ai stood there with a beaming smile, wrapping her arms around Lu Liang's neck, "Miss me?" Lu Liang replied with a smile, yawning while casually ruffling her hair, "Did you finish filming the movie that quickly?" "Not yet; I just got back from Penglai yesterday. I'll rest for a few days before heading to Lu Island for shooting. They're still in the preparation phase there." Zhang Tian'ai squinted her eyes in pleasure. She was recently shooting Xihong City's Richest Man, which required traveling to multiple locations for filming. Since she had finished the scenes in Penglai and had a few days off, upon hearing that Lu Liang was in Beijing, she hurried over. "But I might not have time to keep you company these next few days," Lu Liang said as he headed to the bathroom to splash water on his face, instantly invigorated. He had a packed schedule for the next few days, not only to check on the progress of the research and development but also because he had made plans to meet with Old Li. Then there was LeEco's Old Jia, who was like a persistent itch, always wanting to discuss the grand financing plans for FF. It seemed unavoidable, especially since Li Xiang's new car launch had also invited Old Jia. Although LeEco's stock price continued to slump, it was still the top dog in the Growth Enterprise Market. Lu Liang might look down on Old Jia, but that didn't mean others would. Boss Jia still had a very loud reputation. "Anyway, I'd be bored alone at home. If I stay with you at least I'll have someone to chat with at night." Zhang Tian'ai silently took off her shoes and tiptoed behind Lu Liang, embracing his broad arms. "Is it just talking?" Lu Liang smiled and, turning around, held Zhang Tian'ai, burying his head in her soft chest, "Have you lost weight?" She used to have a bit of fleshiness, but after not seeing her for a while, the plumpness seemed to have disappeared. Now her weight probably fell below one hundred pounds. "Being slimmer looks better on camera," Zhang Tian'ai said with a giggle, standing on her tiptoes and nibbling on his ear, "I'll be careful this time." She remembered once using too much force, bruising Lu Liang, an incident he nagged about for quite some time. Searᴄh the ηovelFire.ηet website on Google to access chapters of novels early and in the highest quality. Lu Liang chuckled, and the two left the restroom, embracing each other, and also talked about investing in Wolf Warrior 2 over the past period. Thinking that filming on the African continent would be too arduous, she didn't even bother to ask Wu Jing for the lead female role. Otherwise, the doctor's role should have been quite a fan magnet. Mid-conversation, Zhang Tian'ai passionately offered her red lips, releasing her emotions like an overwhelming flood. West Red Persimmon's Richest Man followed Charlotte and Donkey Gets Water as another strong play by the Mahua Team, with an investment of up to 120 million yuan. Since the movie was greenlit, both top and lesser-known actresses had their eyes on the lead role, many even reducing their asking price. But as the main cast was announced, no one expected that someone of web drama origin would snatch this huge opportunity. Everyone said she was undeserving, but Mahua's Zhang Chen was clearly protective of her, unwavering despite criticism. Zhang Tian'ai was well aware of the reason. As long as Lu Liang could still spare her occasional thoughts, what she was receiving now already far exceeded what she had given. Before Lu Liang could react, Zhang Tian'ai slipped off her coat and took two pills from her bag, swallowing them. Her eyes tantalizingly seductive, she bit her lower lip gently as a warm breeze brushed her ears, and she whispered softly, "Double protection~" Who could resist that? As night deepened, Lu Liang's original plan for dining out was abruptly canceled and instead had the hotel staff deliver the meal to their room. "Eating so little, won't you become hypoglycemic?" The shirt that belonged to him was now being worn by Zhang Tian'ai. Zhang Tian'ai looked even more stunning in it. The loose shirt just covered the roots of her legs, her collarbone exposed, her thighs barely visible, exuding charm from every angle. "I need to accept roles. If my body changes, the director would scold someone," she said. Zhang Tian'ai ate with relish, avoiding the skin of the chicken and only having boiled vegetables, complementing her meal with vitamins to ensure she was nourished. Lu Liang could only shake his head, standing at 168 cm, weighing 95 pounds, she was already very slim, but she still thought she was too heavy. Such a career as a star was too contrary to human nature. The next morning, Lu Liang visited Zhongguang Village. Due to its proximity to Qingbei, two top universities, Hu Weiwei and Wang Xiaofeng had also rented an office there. The company's office was not large, just over ninety square meters, a modest little space like many start-ups. Without insider knowledge, nobody would guess this was a company with a registered capital of one hundred million US dollars. The main business was interfacing with research institutes and there were no other operations. Including Hu and Wang, the company had just five people. "Mr. Lu, please wait a moment, Li Jiahui will be right here." Hu Weiwei said hastily, knowing Lu Liang's intentions, Wang Xiaofeng had already gone to scout for a suitable new office. This office was merely rented temporarily for transition, with a daily rent of only 500, paid by the week. Lu Liang, bored out of his mind, looked towards the nearby Baidu headquarters building, having just been briefed by Yang Zhenyuan. Before joining Byte, he worked for Baidu for eight years as a senior engineer. Lu Liang also learned that Baidu's research and development departments were on the 19th to the 24th floors. He pondered how to sneak up without giving away his purpose.

Chapter 225: Tesla Model

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