Free Web NovelChapter 1347: Chapter 644: Musk Arrives in Zhengyang_2
Top domestic companies like Apple Company and Tesla, most of their work involves perfecting software technologies rather than researching and designing hardware.
Most technology companies follow a ’soft’ approach, driving hardware capabilities with ’software,’ creating the most cutting-edge products.
This is mainly because hardware can be developed by other companies, and it’s easier to directly procure it, while software must be tightly controlled to provide users with a better experience.
Yixing Company was only recently established, and most of its time has been spent on technical research, with software being handled by a team of just a dozen or so people.
In the domain of software, Yixing does possess certain capabilities, but there’s much more that’s lacking due to the short operating history of the company and the brief period spent on software technology development—even with Zhao Yi directing the research focus, coding work completed by a dozen people over a year yields very limited results.
Apple Company’s operating system is the result of several years of work by thousands of engineers, and the electronic system of Tesla’s automobiles was developed over several years, even over a decade, by hundreds of engineers to reach the current scale and capabilities.
In a word, Yixing still lacks foundation. freewebnoveℓ.com
To build up a foundation in software, it would take many people and a long time to produce the desired outcomes.
However, both Yixing Company and Zhao Yi himself hope for rapid development of the company, rather than spending time on software development.
Current financing rounds offer a great opportunity to exchange a large amount of the company’s software technology for extensive, well-developed program packages. By integrating a large volume of content in an orderly fashion, the main framework can be quickly established and then gradually improved upon later.
Of course.
Subsequent work will undoubtedly be very complex, but for Zhao Yi, it’s nothing significant, provided that he has specific functional data packages. After a simple check, organizing the overall structure in an orderly manner will yield the desired results.
The other minor refinements or the more troublesome and labor-intensive work of coding can be handed over to the company’s software department to finish.
Beyond software-related technology, the company also needs top-tier cooling technology to compensate for the shortcomings of the photonic energy conversion receivers.
Additionally, there are many areas in the automotive field where Yixing lacks expertise.
If they could partner with a top automobile manufacturer, they would be able to compensate for their shortcomings in design and manufacturing.
And so on.
Soon Yixing Company announced its second round of financing, planning to release about ten percent of its shares, with the minimum financing scale exceeding 100 billion RMB. frёewebηovel.cѳm
Upon this announcement’s release, it immediately caused a huge sensation.
The company’s market value was estimated to be between 800 billion and 1.3 trillion RMB by analysts, but this estimate is meaningless since Yixing has not gone public, and investors can’t find a way to invest their money.
Now there’s a way.
With Yixing Company directly announcing its financing round, it immediately attracted the attention of many wealthy individuals, financial-oligarchs, capital groups, and major international corporations.
The company’s announcement stated that it would release ten percent of its shares for a financing scale of over 100 billion, which internally assessed the market value to be 1 trillion RMB.
In many people’s minds, an evaluation of 1 trillion RMB is a bit high.
But being able to invest in the round means the assessed market value is hardly even a reference.
It doesn’t matter if it’s assessed at 1 trillion RMB or even 2 trillion RMB; if there’s an opportunity, it’s essential to be part of it.
Keep in mind that when Yixing was first established, Zhao Yi attracted over 40 billion RMB in capital with just a concept.
It hasn’t been that long since then—Yixing seems to have just been established—and yet the market value has increased a hundredfold, all the while the company has demonstrated strong technological and profit-making capabilities.
What will the market value reach in another year’s time?
Moreover, the Unlimited Power Automobile is favored worldwide because of its limitless power, completely clean energy, and the incorporation of the most advanced technology, ensuring it will be authorized for use in various countries in the future.
It is important to note that only Yixing Company has access to space-based photonic energy transmission technology.
This is the technology of monopoly.
Even if the technology was not monopolized and was made public, other companies would still have no chance of manufacturing the "Energy-Gathering Satellite" due to the excessive amount of "black tech" involved.
For at least ten years, Yixing Company would hold a monopoly over the related technologies.
Therefore, the future Unlimited Power Automobiles can be said to have an infinite market, where the only limitation to the cars’ coverage scale is the production of Energy-Gathering Satellites by Yixing Company, which determines the scale of transmitted photo-energy.
Yixing is now undergoing financing, and it has managed to raise over a hundred billion yuan in one breath.
After completing the financing, the company will undoubtedly build more Energy-Gathering Satellites, thus bringing rapid development and producing more Unlimited Power Automobiles.
This is a virtuous cycle.
With a substantial amount of money invested, more products can be produced, resulting in greater profit value.
The potential is limitless!
Lots of investment groups and top-tier companies are eyeing Yixing Company greedily. They hurried to send representatives to inquire about the situation, hoping to seize the financing opportunity and secure shares in Yixing Company.
Yixing Company became much busier all of a sudden; if it were a company with only dozens of employees, hospitality would have presented an issue. Fortunately, Yixing had been recruiting on a large scale recently. The staff had expanded to several hundred people, and departments such as logistics, finance, and sales had been enlarged to handle hospitality with ease.
Among them, those worthy of Zhao Yi’s personal reception were the leaders of the various top-tier companies.
Among the leaders of the top-tier companies who visited, the most prominent was Tesla CEO Musk, who took a special plane to Z Country, heading straight to Zhengyang after landing in the capital.
With the rise of new energy vehicles, Tesla is among the best in terms of development. Its market value increased several times within a few years and even surpassed two hundred billion U.S. dollars.
Musk is a legendary figure. He was born in South Africa and graduated from the University of Pennsylvania with dual degrees in economics and physics. Later, he founded the publishing software "Zip2," the electronic payment service "X.com," and "PayPal."
After that, Musk invested one hundred million dollars to establish SpaceX, serving as CEO and CTO.
Two years later, he invested 6.3 million dollars in the Tesla car company, becoming its chairman.
Another two years passed, and Musk invested ten million dollars to co-found the solar power company SolarCity.
The companies founded and invested in by Musk have all developed very well to date, especially SpaceX and Tesla. Both have become world-leading enterprises, one in the realm of space exploration and the other in the new energy vehicle industry.
Now that Musk has come to Zhengyang, it is because he hopes to reach certain cooperation with Yixing Company on the "Unlimited Power" technology.
This is very urgent.
Although Tesla’s development is very strong, its stock price has been falling continuously due to the impact of the launch of Unlimited Power Automobiles.
Since the production of Unlimited Power Automobiles is limited, it cannot challenge Tesla’s position for the time being, but more vehicles will definitely be manufactured in the future. By then, Tesla will face a direct challenge—a "cross-dimensional" blow.
Mainly because of the technological blow.
Space photo-electricity transmission technology solved the biggest technical problem of electric vehicles—the time-consuming charging process.
The reason why many people still opt for petrol cars is due to the inconvenience of charging electric cars, which at best takes more than half an hour. Frequent high-voltage charge and discharge also cause permanent damage to the batteries, which are the core of electric vehicles.
If space photo-electricity transmission technology becomes available and light energy receivers and converters are manufactured, the charging issue can be perfectly resolved.
By then, the battery technology mastered by Tesla will be meaningless, and other companies will also be able to produce similar batteries and electric vehicles.
Even though there is a "cross-dimensional" gap in technology, Musk still believes that Tesla and Yixing could achieve certain cooperation in the field of vehicle manufacturing because the technologies of both sides are complementary.
If Tesla could cooperate with Yixing to manufacture "Unlimited Power Automobiles" together, it would make the performance of automobiles nearly perfect.
