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Chapter 307 - Chapter 307 Tesla

Bonnie has been quite busy lately. Apart from the fact that Giant Studio's hit variety show "Dancing With The Stars" is approaching its final round and requires more attention, her good friend has also run into trouble.

  Well, I'm talking about Victoria Beckham...

  She has also been besieged by the media recently and is in a very bad mood.

  The reason is that Beckham, who signed with Real Madrid, was exposed by World News in Spain. Beckham and his female assistant were photographed having an improper relationship. This relationship may have lasted for several months...

  As soon as this news came out, it caused a sensation around the world...

  As you can imagine, she learned about her husband's affair through the tabloids, and was interviewed by the paparazzi...

  Because of this, Victoria Beckham's mood fell to the bottom. As a good friend, Bonnie has often taken time to accompany her recently.

  Sometimes Barron didn't quite understand the friendship between women. It seemed that two people who had not had much interaction before would soon become very close...

  "Oh, poor Victoria, she's in a bad mood right now. Beckham will be back from Spain in the next few days. I hope they can solve this problem by then..."

  Regarding Bonnie's complaint...

  Barron wisely did not respond. After all, if this was not handled properly, it could easily backfire.

  He flipped through the emails on his laptop, thinking...

  In February of this year, Musk invested $6.3 million in Tesla, but on the condition that he would serve as the company's chairman and have the final say on all matters. From that time on, he took control of the electric car research and development company.

  In many subsequent materials, Musk is called the founder of Tesla. In fact, this statement is not accurate - the company was founded in July last year by two engineers, Martin Eberhard and his partner Marc Tarpenning, and Musk only joined as an investor in February this year...

  But to some extent, it can be considered as such. After all, the name Tesla was only confirmed this year - it was bought by a co-founder for $75,000.

  The name "Tesla" comes from the famous scientist and electrical engineer Nikola Tesla. Their alternative name at the time was Faraday, which was named after the scientist Michael Faraday, the discoverer of electromagnetic induction.

  Musk also played a very important role in the research and development of Tesla electric vehicles.

  Musk initially served as the chairman of Tesla. After kicking out the two founders, he became the company's CEO and product architect in 2008.

  In fact, earlier, Baron had thought about investing in Tesla electric cars before Musk, thereby cutting him off and taking control of this most well-known electric car manufacturer in the future.

  This was indeed a huge temptation for Barron. After all, it was with this company that the American boss Ma became the richest man in the world.

  But the reality is that Barron had always been engaged in the financial industry in his previous life and has no experience or talent in automobile manufacturing.

  Objectively speaking, Musk has indeed played a very critical role in the entire development process of Tesla.

  If Baron really replaces Musk as the leader of Tesla, it is unknown whether the company will be as successful in the future as it was in the original time and space.

  However, judging from future development trends, electric vehicles are indeed the general trend.

  China has also relied on overtaking in electric vehicles to catch up in automobile exports.

  Therefore, Baron will continue to invest in the electric vehicle industry, including Tesla, in the future. After all, even Tesla is not without opportunities. When the development of model 3 encountered great setbacks, Musk also had the idea of ​​selling Tesla to Apple.  

  …

  As funds continued to arrive in the Global Industrial Investment Fund's account, Finn Hudson, the CEO of this investment fund, also formed their acquisition team in accordance with Barron's instructions.

  Currently, Barron has two acquisition targets for Finn Hudson, namely Uniqlo and Four Seasons Hotels and Resorts.

  It can be said that both companies are related to Barron's current industry. Uniqlo corresponds to the Primark clothing chain, and Four Seasons Hotels corresponds to the Cavendish Hotel Group.

  Speaking of the Primark clothing chain, last month, Argos Retail Group acquired 120 stores of British high street retailer Littlewoods for 350 million pounds. According to the distribution of its stores, 80 stores that did not overlap with the Primark clothing chain were incorporated into the Primark system, and the remaining 40 stores were converted into Argos department stores.

  In this way, the current number of Primark stores has expanded from 110 stores when Barron first acquired it to nearly 300 stores, and it has begun to enter the French market.

  The reason why these two companies were chosen as acquisition targets for the GII Fund first is not only because they can complement Barron's current industries, but also because the future development of these two companies has great potential, and even if they are investments, they can generate good returns.

  And there is a possibility that these two companies are being sold...

  First, let's talk about UNIQLO. Many people have heard of this brand. It belongs to the Japanese Fast Retailing Group and was founded in 1984. It is a well-known fast fashion clothing brand in the future.

  UNIQLO was listed in Japan in 1997. Now, UNIQLO has just recovered from its previous crisis. Two years ago, UNIQLO's stock price fell to 60% due to the impact of the Internet bubble crisis.

  Even so, their main stores are still concentrated in Japan, and the number of overseas stores is less than 50.

  This is naturally a huge gap compared to their later stores, which totaled more than 2,000 stores around the world, with over 1,000 stores in China alone.

  Uniqlo's current market value is around 300 billion yen, equivalent to about 2.7 billion US dollars.

  Later, as a core asset, the market value of its parent company surpassed that of Zara's parent company, becoming the world's largest clothing group, and their founder became the richest man in Asia.

  At present, the biggest difficulty in acquiring Uniqlo is whether Fast Retailing is willing to let go.

  Another well-known hotel group is the Four Seasons Hotel.

  It is an international luxury hotel management group headquartered in Toronto, Canada, and was founded by Isadore Sharp in 1961.

  Four Seasons Hotels & Resorts was listed on the New York Stock Exchange in 1997 and its current market value is around US$2 billion.

  What Barron knew was that in 2007, Saudi Prince Walid's Saudi Kingdom Holding Company and Bill Gates' family fund Cascade Investment jointly acquired Four Seasons Hotels and Resorts for US$3.8 billion.

  The acquisition price reached 47 times the profit of Four Seasons Hotels Group!

  After that transaction, Four Seasons Hotels Group was privatized and delisted, with Prince Alwaleed and Bill Gates each holding 47.5% of the shares, and Isadore Sharp, the founder of Four Seasons Hotels, holding 5%.

  Judging from the time, they bought at the top of the mountain, after all, the subprime mortgage crisis was about to come...

  However, they kept their shares until 2021, when Bill Gates' Cascade Investments bought Walid's 23.75% stake in Four Seasons Hotels for US$2.21 billion.

  Not only did Bill Gates become the largest shareholder of Four Seasons Hotel, but he also pushed up its market value to $10 billion...