Chapter 1350: Chapter 645: Code Is the Most Valuable Asset_3
The foundational code in electronic software can greatly accelerate Yixing Company’s speed in constructing a complete in-vehicle electronics system.
Secondly, Tesla will provide one billion dollars, in addition to 0.5% of the company’s shares, in exchange for 0.5% of the shares in Yixing Unlimited Power Company.
Yixing Company is divided into Yixing Aerospace Technology and Yixing Unlimited Power.
The shares Tesla is exchanging are those of Yixing Unlimited Power, which is the automobile manufacturing company.
This part might sound like Tesla is at a disadvantage, but Musk is not one to lose out. He is well aware that the opportunity to exchange shares came from providing software codes to Tesla.
The main reason is that Yixing isn’t a company one can invest in whenever they wish.
Even when publicly financing, the companies that can invest are mainly state-owned enterprises, with private companies playing a secondary role, and foreign enterprises are last in line.
Currently, Tesla’s market value is very high, but in a year or two, it’s highly likely that Yixing’s market value will surpass Tesla’s.
The third point is the benefit to Tesla—they will purchase 2,000 units of a device capable of continuously supplying 10 kilowatts of electric power from sunlight for $250 million.
This order for the solar energy conversion device was finalized jointly by Yixing Unlimited Power Company, Space Information Technology, and Advanced Compression Materials Company.
For $250 million, purchasing 2,000 units that can continuously provide 10 kilowatts of electric power, the average price per unit is $125,000.
This price is quite expensive, even around ten times the cost price, because a device that only provides 10 kilowatts of electric power can be made much smaller. freewebnσvel.cѳm
However, for foreign automobile companies, being able to purchase the latest technology in solar energy conversion devices is a bargain, no matter how high the price.
Musk left with his team.
This time, even he himself didn’t know whether he had made a gain or a loss.
It’s certain that Tesla’s exchange for shares in Unlimited Power Company will pay off in the long run, and they will definitely profit from purchasing the solar energy conversion devices. However, they paid a significant amount of foundational code for electronic software.
This software is a precious asset to Tesla, representing the efforts of hundreds of engineers over a long period of time.
But Musk still had expectations; his main goal was to purchase the solar energy conversion devices. In terms of company interests, devices that cost only $125,000 in production are not considered expensive. They could use them to manufacture Unlimited Power Automobiles with a starting price that could even exceed one million dollars. By branding them as the most high-end luxury cars, they could easily double the funds spent.
Furthermore, Musk also hoped to use the solar energy conversion devices to unravel the mysteries of space solar energy transmission technology.
But in terms of researching technology, he wasn’t holding out much hope.
Space solar energy transmission technology, derived from Spatial Information Transmission, is being researched by many companies and institutions. However, to date, no company or institution has managed to decipher the principles of spatial transmission technology, let alone replicate such a device; even the replicated devices can only communicate with the same target device.
The same is true for the current solar energy conversion devices. Yixing Unlimited Power Company is daring enough to sell cars outright because they’re not worried about imitation.
Indeed, this is the case.
Even if a company or institution does manage to replicate it successfully, it’s meaningless. The core of solar energy transmission is the Energy-Gathering Satellite orbiting the sun, and the solar energy conversion device is like a ’visiting IP.’ frёewebηovel.cѳm
Since they can control the Energy-Gathering Satellite, they naturally can deny access to certain IPs.
Put another way, whether the sold solar energy conversion devices can directly link to the Energy-Gathering Satellite will also be under the control of the Aerospace Bureau and Yixing Unlimited Power Company.