" Chinese economy weekly " report of Shanghai of | of reporter Song Jie
Dream of Ma Sike that retreat city maintained 17 days only.
On August 24, tesla CEO Ma Sike announces to abandon be being changed demesne, share price drops all the way subsequently. On August 30, tesla share price dish in brief drop split 300 dollars, close at 303.15 dollars, fall for 0.61% .
Before this, ma Sike announced every 420 dollars on August 7 change a plan demesne, share price goes up to 379 dollars from 321 dollars (" Chinese economy weekly " print sent on August 20 " Masike's Plan B " one article has to this elaborate in detail, the network reads: Www.ceweekly.cn) . This can help tesla eliminate originally do empty person. However, ma Sike announces to abandon changing a plan demesne after 17 days, american negotiable securities trades committee (SEC) begins to investigate Masike.
Report of Peng rich company says, this declare is guided oneself by Masike change farce to end at this point demesne from what act, the capital that the outside also need not guess to Masike is changed demesne again from why and come. However, this thing won't end at this point, to Masike, he still may have bigger trouble.
From vow solemnly to suffer defeat on the verge of victory?Change farce demesne only then on August 7, terminative on August 24. Ma Sike was pushed through gregarious media on August 24 released a problem to be especially " Staying Public public staying behind " statement, after saying to considering all factors, undertake be changinged demesne no longer. The basis goes a few weeks discussion, most partner thinks tesla serves as appear on the market the company will be better. In addition, partner of a few orgnaizations expresses, the interior of their oneself added up to compasses problem to restrict the investment to private company.
6 independent director of tesla express, they disbanded in order to to evaluate the special committee that tesla turns demesne, say to be able to continue to support Masike, the key of board of directors and whole company is remained ensure the success of tesla business.
So far, tesla converts plan suspend payment demesne.
" Chinese economy weekly " the reporter notices, on net of official of tesla China company returned print to send on August 14 " what change demesne about tesla is newer " . Ma Sike elaborated the follow-up that changes demesne to push a plan in the letter, express full to turning process confidence demesne. He thinks investor will continue to support the tesla after retreating city.
Ma Sike expresses, fund of money of Saudi Arabia dominion for many times " tesla is changed demesne " be related and he is communicated. They need to turn to diversity from oil, express a few times to hope to accelerate drive change demesne. "Fund of sand spy dominion has adequate capital to come true this trades. "Fund of sand spy dominion has adequate capital to come true this trades..
Ma Sike is detailed in the letter still introduced him on July 31 of the foundation president with the Saudi Arabia chat content, weigh the other side to strong support tesla is changed demesne and had made each preparation. "Change needs major capital to will pass equity financing demesne. "Change needs major capital to will pass equity financing demesne..
However, be less than a month, a got-up affair produced changeover, ma Sike announces to abandon be being changed demesne.
Although change a plan to go bankrupt demesne, but tesla still has many embracing wholesale.
According to the United States " commercial inside " website report, the partner ARK investment of tesla manages a company to issue open letter with respect to Xiang Masi gram, urge him not to change tesla demesne, the value that calls tesla future may be 10 times of every 420 dollars that Masike offers before this.
Tesla of hold of company of ARK investment management 580 thousand stocks, value restrains 164 million dollar. ARK company author holds CEO Wood concurrently to express in the letter: "The value of tesla should achieve every inside 5 years 700 to 4000 dollars. Change tesla demesne with the price of every 420 dollars now, will underestimate its value greatly, stripped thereby the opportunity that a lot of investor ginseng succeed with its. Stripped thereby the opportunity that a lot of investor ginseng succeed with its..
Wood thinks, tesla will from manufacturer comprehensive transition is " mobile service " company, profit margin may be as high as 80% , the wool interest rate that although tesla money signs up for,shows at present has 15% only.
Wood writes in the letter: "In the circumstances of 4000 dollars, our hypothesis is conservative: We consider to come from the profit of car and network of certain and automatic taxi only, had not included to come from the opportunity of memory of the sources of energy of class of lorry, unmanned aircraft, public utility and Chinese market. Had not included to come from the opportunity of memory of the sources of energy of class of lorry, unmanned aircraft, public utility and Chinese market..
According to federal of American san Francisco forensic court document shows, the first ten days of a month released Ma Sike in August change a message to be pointed to to be suspected of negotiable securities be being mixed false demesne operate share price, and " almost complete finish " nominal. Announcement of later period tesla abandons be being changed demesne, its share price drops considerably again, your investor is damaged, the probability that so this kind of collective lawsuit erupts is very high, progress of a got-up affair remains to observe.
Tesla predicamentYan Dong of executive partner of office of intellectual property representative accepts constant of day of Beijing grand source " Chinese economy weekly " when the reporter is interviewed, say, tesla is changed demesne is the Silicon Valley elite that is dominant with Masike, the management predicament that cause contradicts to spark between the operation rule of perfect to technology of pursuit of high-powered report motor-car concept and capital market.
Change a plan 17 days to die young to cause American negotiable securities to trade demesne committee (the legal risk that SEC) investigation brings, it is the obstruction that pattern of active capital market vested interest brings to bear on actually, and Masike brings about to converting the hole on the operation demesne, as right as American law also interest of capital market shareholder is ensured and trade fairly the mechanism is concerned.
Yan Dong thinks, tesla changes failure to put in another kind to unscramble possibly demesne:
Differ with traditional car, electric car will be on the technology such as batteries, communication, control and safety produce revolutionary change, accordingly, technical research and development and industrialization are the most important foundation that electric automobile industry grows. Ability of tesla research and development is not the strongest certainly, but really actual strength is uncommon, also formed a series of patent barrier.
Nevertheless, tesla announced to share technical patent with industry in June 2014.
"This is the measure of a retreat in order to advance actually, come 4 years and did not bring much more auspicious point to the industry. " Yan Dong is analysed, share patent technology to be able to remove trade barrier, make other car manufacturer reduces cost of research and development, quicken electric car industrialization. But the appraise cost that also reduced tesla and competitive advantage, especially below the circumstance that industrialization goes badly, the intellectual property of tesla is the capital fund that provides value most. Once share intellectual property, form the appraise value that agrees with investor very hard, create the uncertainty that changes demesne thereby.
In addition, as veteran as the automobile industry such as Feng Tian photograph is compared, tesla the agitate bureau of this the latercomers surpass the formers person suffer the world to fix eyes upon fully, but actually, its produce moral character to be able to have lagged behind at the industry to anticipate. "He wants to be in dominant position in electric car domain, certainly will should increase investment. This will bring about its short-term profit falls, manage the negative effect with will arise certain with the respect such as employee confidence to its. Manage the negative effect with will arise certain with the respect such as employee confidence to its..
The message that Ma Sike gives off brings about share price to fluctuate considerably, cause suspicion of a few investor and dissatisfaction. Associated press report, partner already mentioned in the light of tesla lawsuit of at least two picket. In the meantime, american negotiable securities trades committee begins to investigate Masike to whether try to operate share price.
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