Everyone from LiDAR, electric cars to Twitter knows that autonomous driving is the trend of car technology development. As big companies focus on the development of self-driving cars, various related technologies have emerged, and self-driving cars are considered to be the future of cars. driving force.
At the heart of autonomous driving are LiDAR (Light Detection and Ranging) sensors. Lidar is an advanced technology that uses lasers to perform 3D analysis of the surrounding environment for autonomous driving. It is the principle of calculating distance and three-dimensional effects by measuring the time it takes to emit a laser pulse and return from a target. In particular, since it is a high-precision and complete technology, it is considered a key component of autonomous vehicles.
The reference link of this article
https://mp.weixin.qq.com/s/6fdss29ydQ2I7eZYN0pA1Q
https://mp.weixin.qq.com/s/y10SAPExk0MV-vojwOwHlw
https://mp.weixin.qq.com/s/ Rt1W5Flun63gsWgiBzanoA
Earlier this year, Mercedes-Benz took the lead in securing lidar technology through a massive partnership with lidar maker Luminar. Mercedes-Benz applies lidar sensors to the S-Class and EV EQS "Drive Pilot" L3-level autonomous driving system. GM is also using lidar technology in "Ultra Cruise," a cutting-edge hands-free driver-assistance technology introduced last October.
Several electric vehicle startups around the world are no exception. LIDAR is also installed in Lucid Air's driver assistance system (ADAS) "Dream Drive". Chinese automakers, including NIO, also offer self-driving services through lidar.
A leader in the electric vehicle market, Tesla is also known for its particular focus on self-driving and fully self-driving (FSD) features. Unlike many incumbent automakers, however, Tesla doesn't use lidar sensors at all. Tesla CEO Elon Musk has long held the stance that "you don't need expensive lidar for autonomous driving," and has long pointed to the technology's high price tag. When building an autonomous driving system, technologies such as cameras, radar, and lidar sensors are generally used in combination.
It's about getting more accurate information about your surroundings through a variety of techniques and making your own judgments about direction and speed. Contrary to this general trend, Tesla has been focusing on developing self-driving technology dominated by cameras and radar, excluding lidar sensors.
In addition, Tesla is also phasing out existing radar technology and announcing a camera-dependent "Tesla Vision" system. That said, only eight exterior surround cameras are used to activate the self-driving feature. Instead of using only camera vision sensors, it is powered by sophisticated AI big data technology. Tesla first introduced the system in the Model 3 and Model Y sold in North America last May. Subsequently, in February of this year, the scope of application was expanded to Model S and Model X. Additionally, Tesla announced in early April that "starting this month, all Model 3 and Model Y vehicles sold in Europe and the Middle East will no longer be equipped with radar." The transition to the camera-based "Tesla Vision" system is accelerating.
Tesla's unique choice has attracted a lot of attention. Especially in the sense that full commercialization of autonomous driving must most reliably guarantee safety, some have expressed concerns and questions about Tesla Vision's camera-only approach. In general, this is because cameras are more susceptible to weather conditions than the laser pulses of the aforementioned lidar sensors.
Even auto industry experts are divided. Volkswagen CEO Herbert Diess revealed his firm stance on LiDAR sensors in a February meeting in direct response to questions from the Reddit community. Diess explained that LiDAR sensors are "critical to enabling safe L3 autonomous driving" and, while "expensive, are the only way to ensure safety through sensor overlap .
"
Li Xiang drove the Weilai ES8 as the owner of No. 82 car and founding investor and boarded the stage of the press conference that year. Li Xiang spent nearly ten minutes counting down the advantages of ES8.
Come and do not go indecently. At the ideal ONE press conference a year later, Li Bin and Qin Lihong sat in the audience and silently followed Li Xiang.
As a leading force, another Xiaopeng Motors also often participates in such interactions, or Li Bin auto show platform Xiaopeng, or Li Xiang calls He Xiaopeng and Li Bin brothers and sisters.
Of course, there is always some friction in the same track. Compared with Xiaopeng, Weilai and Ideal have more similar user models and price points, and the "friction" has been the most frequent in the past few years.
There was an embarrassing scene at the ideal press conference in 2018. When Li Xiang talked about the value of trams, he mentioned: "In a few years, second-hand trams with a battery life of two or three hundred kilometers will exist like chicken ribs.
" Li Bin and Qin Lihong in the audience, because the NEDC battery life of Weilai ES8 was only 355km at that time.
After that, from the "No. 38 car reviewer" incident, Weilai executive Shen Fei's view of the decline and increase, to Li Xiang's criticism of pure electric, and then to various behaviors that intentionally or unintentionally hide each other's models in the rankings, both in front of the company's interests. They also had to let go of their former "friendship".
Some time ago, Ideal was caught in the " Chengfopo
" incident. Not only did Lantu post a picture saying "Chengfopo together", Weilai also consumed a wave A former comrade-in-arms posted on the official account, "Don't you just climb a slope?"
Weilai and Ideal are like the borders between major countries, and there will be disputes and pushes from time to time. But as long as the core interests are not touched, the big things are often reduced to the small ones, and a good relationship is maintained on the surface.
However, the relationship between these three may be completely on the bright side this year.
In the statement of the previous manuscript, it is believed that this year is a relatively important year for most new forces, and it is necessary to grab as much market share as possible before the termination of the subsidy policy, the transformation of traditional car companies, and the entry of the Internet, so as to prepare for the next comprehensive market. Lay a solid foundation.
The same is true for Weilai. The sequelae of the financial crisis in 2019 affected the research and development and product planning of the next two years, resulting in the delay of Weilai ET7 and software updates. Therefore, this year should have been a year for NIO to catch up with sales after making up classes.
In addition, I also saw that the low-end market where the waist power is located is gradually increasing its volume, while the mid-to-high-end market is becoming more and more crowded. From traditional car companies to new forces to Internet technology companies, they have planted seeds in this market. The time when a hundred flowers bloom is not far away.
Wei Xiaoli's journey has come together, but her heart is drifting away.
War of Models
Before 2022, Wei Xiaoli had a feeling of "cherishing each other" in terms of pricing and model selection.
Xiaopeng is mostly 150,000 to 250,000 yuan, and Weilai is between 350,000 and 550,000 yuan. The ideal is 328,000 yuan and 338,000 yuan for the whole system, each occupying a mountain in the fields of sedans, SUVs, pure electrics, and extended range. King, but this year the balance is about to be completely shaken.
Xiaopeng will release its first medium and large SUV in June. Although the price has not been disclosed yet, in its official activities, most car owners chose 290,000-390,000 yuan, and this price is in line with NIO's current main sales force. There is a high degree of overlap between ES6 and EC6.
Among the vehicles delivered by NIO in the fourth quarter, the EC6 and ES6 models accounted for about 77% of the total deliveries, which are veritable flagship models.
In addition to Xiaopeng, Li Auto has also started an "offensive" against Weilai to explore the price range of its own brand.
Since last month, Ideal has planned a series of L9 warm-up activities. Although the press conference originally scheduled for April 16 was forced to be postponed due to force majeure, it was released in the "spoiler" activities for many consecutive days. a lot of information.
The ideal price range of L9 is tentatively set at 450,000-500,000 yuan according to different configurations. This pricing model is different from the previous price of the whole system, which means that ideal has abandoned the "hard plug" strategy and chose to learn from Weilai to give users more s Choice.
Similarly, the ideal L9, as a 6-seat SUV of 450,000-500,000 yuan, overlaps with Weilai's ES8 in terms of pricing and models. Today, when cars are more and more like mobile phones, buying a new one or not buying an old one is the idea of most people, and NIO's lagging behind in sales last year also proves that the market competitiveness of these three models is increasing with the launch of more new cars. Weak.
In fact, although the new energy trend has been blowing for several years, the new energy medium and large SUVs with a price of 400,000-500,000 are still almost in the blank stage. Except for the Audi Q5 e-tron, which was launched in February this year, only the price is higher. High high-height HiPhi X. It can be said that the ES8 in the past was fighting with "air", and the performance of the ES8 may be greatly affected after the addition of the L9.
After all, who can say no to a car that can connect to the Switch?
Source: Ideal Auto Official Account
Of course, in addition to products, Weilai's services have always been regarded as one of the competitiveness of the outside world, and the battery swap model has been recognized by many users. The second-generation battery swap station launched last year will replenish energy time Shortened to 3 minutes, the experience is even more than refueling.
However, it seems that this advantage is gradually weakening, and Xiaopeng and the ideal new car have also given solutions.
The ideal L9 still uses the extended program, but compared with the ideal ONE, the battery life has been improved. The battery pack has been expanded from 40.5kWh to 44.5kWh, and the fuel tank has also been expanded from 55L to 65L. The comprehensive battery life has reached 1315km. As for the most criticized range extender in the past, this time, a 1.5T four-cylinder range extender was used to dispel user concerns.
At the same time, the ideal 800V high-voltage pure electric platform whale and shark will also be launched before 2025. It is not difficult to see that the ideal choice is to walk on two legs with extended range and fast charging, which is also consistent with the previous thinking of Li Xiang: "In the Before the fast charging technology is mature, pure electric models will not be launched.”
The answer given by Xiaopeng G9 is an 800V high-voltage SIC platform and a 480kW high-power charging pile. According to official data, the battery can last for 200 kilometers in 5 minutes.
In contrast, perhaps due to the conflict between battery replacement and fast charging, NIO is not particularly keen on high-voltage fast charging, and has not released much information in this field.
Although various models are moving towards integration, they have given different answers in terms of details such as battery life and energy supplementation. At present, the NIO battery replacement mode still has advantages in solving the problems of battery update and attenuation. At the same time, according to the statistics of Guosheng Securities, the current layout of Weilai in the energy supplementation system is far more than the other two.
Of course, Wei Lai did not turn a blind eye to the ideal and Xiaopeng's "station output".
Li Bin himself has repeatedly revealed that he is optimistic about the NT2.0 platform. The three new models sold by NIO this year are all based on the second-generation platform. Among them, the ET5 will start at 258,000 yuan after adopting the BaaS solution, which will directly compete with Xiaopeng's current main model, the P7.
The 200,000 yuan new energy vehicle has a lower entry threshold and a wider audience. Xiaopeng P7, Tesla Model 3, and BYD Han have all gained a lot of buzz in this range.
According to the latest WeChat index of Garage 42, 3 of the top five new energy vehicles are in this range. And ET5 will likely play this role in Weilai's product planning.
On the other hand, NIO's mass-market brand has entered a critical product development stage, and Li Bin's days from Hefei to Changzhou and Zhaoqing are not far away.
At that time, will it be Xiaopeng who is looking up and the ideal chess player, or will it be Weilai who is playing from high to low?
The war of personnel
If the competition of models is not obvious enough for the time being, then the competition of personnel has completely torn apart Wei Xiaoli's superficial relationship.
In March of this year, Huang Xin, the former director of Xiaopeng’s autonomous driving products, joined NIO as a vice president and reported directly to Li Bin. It is reported that during his tenure at Xiaopeng, Huang Xin promoted the implementation of Xiaopeng's NGP and memory parking projects.
The flow of personnel is not uncommon, but the executives began to "internal circulation" among the three Wei Xiaoli, and Huang Xin should have created a precedent. This also shows that traditional car companies and the Internet can no longer provide talents that meet the requirements of new cars, especially in areas such as autonomous driving and algorithms.
In fact, from 2020, the talent of new car manufacturers has begun to return, and many executives of Wei Xiaoli choose to escape from new car manufacturers and return to traditional car companies.
For example, Zhu Jiang, the former vice president of Weilai, who was in charge of user development, went to Ford China after resigning in 2020. Zhao Yuhui, the former vice president of Weilai users, also joined Great Wall Motors at the same time as the general manager of the user center of the Great Wall Sales Company; Weilai executive Vice President Zheng Xiancong "retired" from Weilai in 2019, but joined Foxconn early last year as CEO of the electric vehicle platform.
This is also related to the sense of crisis of traditional car companies. Some companies have begun to increase wages and carry out equity incentives to prevent further talent loss.
An engineer from a traditional car company once told Photon Planet that he moved to Lantu in early 2021, and then many former colleagues began to change jobs one after another. In order to prevent further talent loss, the old employer started a new round of salary increases. Salary increases are 20%-30%.
Not only salary increases, but also some independent brands of traditional car companies have also offered some equity to motivate employees.
GAC Aian broke the news in the mixed reform in March this year. Through a non-public agreement to increase capital, 679 employees of GAC Aian and 115 scientific and technological personnel of GAC Research Institute were given equity incentives. The relevant incentive personnel contributed a total of 1.781 billion yuan. .
It not only stimulates the entrepreneurial vitality of employees and avoids falling behind under the impact of new forces, but also binds talents to enterprises.
On the other hand, in terms of organization and culture, traditional OEMs are gradually aligning with new car manufacturers. Great Wall issued a "de-generalization" proposal in the adjustment of organizational structure in 2020; teacher". This time, the purpose is to eliminate the gap between superiors and subordinates, in order to speed up the flow of information within the enterprise.
In addition, the entry of Internet technology companies has also accelerated the phenomenon of "return of talents". If there are doubts about whether traditional car companies can eliminate the shortcomings that have accumulated over the years through reform, then the entry of Internet companies has given talents more choices.
Just one year after joining Ford China, Zhu Jiang re-joined Jidu as vice president of Jidu and the head of user development and operations; Xiaopeng Motors chief scientist Guo Yandong and vision experts Tao Xunqiang and Feng Tianpeng switched to OPPO last year. .
In addition to job-hopping, many executives chose to start their own businesses after polishing new cars.
An entrepreneur in the automotive wiring harness industry told Photon Planet that the supply chain of the automotive industry is lengthy, and many links are still in the hands of foreign investors. The emergence of new energy vehicles not only subverts the perception of consumers, but also an opportunity for the domestic supply chain. .
Taking the wiring harness as an example, after many traditional luxury brand models have just rolled off the production line, the wiring harness is often prone to problems during the debugging period, and after the vehicle has been used for a period of time, the aging of the wiring harness will lead to some functional failures.
Especially for new energy vehicles that generally emphasize intelligence, the usage of wiring harnesses is much higher than that of traditional models. At the same time, there is more demand for high-voltage and high-speed wiring harnesses. When new demands arise and traditional foreign suppliers fail to keep up, then It is an opportunity for the domestic supply chain to compete for market share.
Similarly, Zhang Jianyong, the assistant vice president of autonomous driving who recently resigned from Weilai, will also invest in a chip startup project, while Huang Chendong, the former senior vice president who was in charge of the power engineering team of Weilai, founded Qianchen Automobile after his departure.
Huang Xin's joining Weilai is just the beginning of Wei Xiaoli's talent war. In the future, it will be more and more difficult for new car manufacturers to dig suitable talents from traditional car companies and the Internet industry, and the "internal circulation" of talents may become the norm for new car manufacturers.
Summary
It is not difficult to see that at the moment when traditional OEMs and Internet car companies are deploying one after another, new car manufacturers also feel a sense of crisis. New cars are no longer simply competing with fuel vehicles.
The competition between new cars and new cars, between new cars and traditional car companies, and between new cars and Internet companies will become increasingly fierce.
When Xiaopeng Motors returned to Hong Kong for dual listing last year, He Xiaopeng told Photon Planet, "Everyone is stocking grain and grass today, and the industry competition has entered the Warring States Period from the Spring and Autumn Period."
The picture on the left is around 2020, and the picture on the right is around 2022.
There are PPT cars being built everywhere. There is a picture with the logos of dozens of car companies circulating on the Internet. After the new energy winter of 2019-2020 After that, one car logo was crossed out one after another.
However, on the one hand, a car company has fallen, and on the other hand, there is a new icon on the paper, it seems that it just replaced the old one with the new peach.
Perhaps the charge of total war has sounded, so will a new round of shuffling be far behind?
Musk's mouth
In the United States, billionaire O'Dowd's has been attacking Tesla on Twitter almost every day, and even edited the video of Tesla's assisted driving accident at his own expense Millions of dollars spent on the Internet; San Francisco federal court judge ruled Musk’s 2018 tweet about Tesla going private was “knowingly guilty” and the latter faces billions of dollars in damages; Hollywood famous Movie star Johnny Depp's lawyer released important evidence that Depp's ex-wife Amber Heard cheated on Musk...
In Germany, BMW executive Pieter Nota has publicly declared that Tesla's dominance of electric cars is over; meanwhile, the Berlin Gigafactory, which has just opened, is in trouble -- Sewage from the paint workshop leaked, although the company claimed that the pollutants had been completely collected and reported to the local water bureau, but angry civil environmental organizations attacked everywhere...
In China, the China Consumers Association issued the "Protection of Consumer Rights and Interests in China". Status Annual Report (2021)”, which named Tesla’s Shanghai female car owner’s rights protection incident on the roof; the self-driving company Mamozhixing, which has just been established for 3 years, also challenged Tesla, saying that its just-released urban NOH system The actual performance is not inferior to Tesla's performance in China...
If it is said that Tesla's assisted driving function is discredited as a necessary tuition fee on the road to autonomous driving, if the lace news with Hollywood actresses originates from Silicon Valley's Iron Man Bohemian, if the “pulling” from the old aristocratic BMW and emerging self-driving companies are the troubles of the strong, if the water incident in the Berlin factory belongs to the extreme conservativeness of environmental protection organizations, these seem to be explained, but in 2018 Musk The series of bad consequences caused by the privatization of "Kou Hi" can only be attributed to self-inflicted suffering.
Interestingly, the above evil results originated from privatization and spread on Twitter, and after becoming the richest man in the world, Musk decided to acquire Twitter, privatize it, publish the source code, cancel the review mechanism, and make it more " Freedom of speech"... So there was another bloody storm on the Twitter rivers and lakes.
Like Trump, Musk
is also a Twitter lover, and he is equally stubborn and dares to break the bottom line.
In August 2018, Musk tweeted that he was ready to take Tesla private at a price of $420 in U.S. stocks, saying the funds were in place. As soon as the news came out, Tesla shares soared, rising from $343.84 at the opening of the day to $379.57 at the close. Such volatility led to an investigation by the U.S. Securities and Exchange Commission (SEC) the next day, which believed that the source of funds Musk used to privatize Tesla was unknown and was suspected of taking the opportunity to drive up Tesla’s stock price.
17 days later, under the obstruction of multiple forces, Musk abandoned the privatization plan, and Tesla's stock price also fell sharply. A considerable number of investors felt cheated and took Musk to court. Meanwhile, the SEC formally filed civil charges and a $20 million fine against Musk and Tesla. The matter was finally resolved “privately”. Musk was forced to resign as Tesla’s chairman, agreeing to be pre-reviewed by the company’s internal lawyers before tweeting in the future, and paid a fine of $20 million. Tesla A fine of the same amount was also paid.
Musk has been brooding about this. In a recent public speech, he repeated the old story, using the term "Bastards" to scold SEC officials, saying that the previous "private" with the SEC was forced, and that concessions belong to "" Illegal Concessions".
“SEC officials threatened me that if I didn’t, the bank would stop funding and that would put Tesla in immediate bankruptcy. It’s like holding a gun to a kid’s head and being forced to admit to lying, and it’s for the sake of Save Tesla." Repeatedly, the tweet did not lie, and the source of the privatization funds had really been found at that time. "Never deceived shareholders, never deceived shareholders, for Tesla's survival, for the interests of shareholders..."
But shareholders obviously don't think so. Although the SEC accepted the settlement, the shareholders did not. Instead, they collectively sued Musk to the court and asked him to pay the price and compensate him for his "talking" behavior at the time. Recently, the presiding judge in the case has ruled that Musk’s tweets were “knowingly guilty” and said that “no reasonable jury would find that Musk’s August 7, 2018 tweets were accurate or not misleading.” The case will be officially pronounced at the end of May. According to foreign media statistics, if Tesla loses the case, Tesla will face billions of dollars in compensation, of which the compensation demanded by JPMorgan Chase alone is as high as $162 million.
In fact, Musk's Twitter controversy is far more than that. Beginning in the fourth quarter of 2020, Musk secretly bought $1.5 billion worth of Bitcoin. After the position was established, he announced on Twitter that Tesla would support Bitcoin payments, and the value of Bitcoin rose sharply. In March 2021, Musk sold some bitcoins and bought Dogecoin with this part of the funds, and then supported Dogecoin on Twitter and other public occasions, causing its price to soar in the short term. It will take a long time to cash out and leave the market, and the profit will be 6-14 times. Then, in May of that year, Musk announced on Twitter that Bitcoin mining farms were energy-intensive and not environmentally friendly, and Tesla would stop accepting Bitcoin payments, so the value of Bitcoin plummeted, and when the decline exceeded 50% At the same time, Musk used the funds that made profits on Dogecoin to buy Bitcoin on a large scale. In June, Musk announced that once it was confirmed that miners were using clean energy reasonably, the company would resume bitcoin transactions, and bitcoin rose sharply
. Players in the currency circle went bankrupt, and even some hacker organizations couldn’t sit still, and publicly released threatening videos, threatening to retaliate against Musk. Unwilling players in the currency circle also reported to the SEC one after another, claiming that Musk used his personal influence to manipulate the market and called for an investigation of the latter.
In addition, although he has promised to be reviewed by Tesla’s legal team before tweeting, Musk’s own tweets still challenge the SEC’s bottom line every three days. Shortly after the settlement was reached, in July 2019, Musk tweeted that "the production line is being launched rapidly. Hope to produce by the end of this year, (capacity) about 1000 solar roofs / week."
For this tweet, the SEC believes that it is information related to "production figures or sales or delivery figures" and should be in the scope of review, but Musk did not submit it to the legal team for review before tweeting. In May 2020, Musk tweeted that "Tesla's stock price is too high", and Tesla's stock price fell rapidly with this tweet, which was also uncensored. Sk's explanation for this is - this is a personal opinion and does not require review.
The SEC kept sending letters to Tesla about this, but Musk never stopped frantically testing the bottom line. In the first quarter of 2022, the Hurun Rich List and Forbes List were released one after another. Musk reached the top as he wished. However, after becoming the richest man in the world, his views on Twitter have also changed. Its acquisition completes the commercial closed loop.
It can be said that even at the cost of $40 million and a chairman position, Musk has never converged on Twitter. And now, after becoming the richest man in the world, Musk has decided to buy Twitter. Interestingly, on the road to acquisition, Musk has fouled again.
Ma's threat: not to sell?
Different people have different opinions on why Musk bought Twitter. Musk’s own point of view is that the acquisition of Twitter is to make it a global platform for free speech. After the acquisition is completed, the Twitter algorithm will be opened and the review mechanism will be cancelled... Some analysts believe that the acquisition of Twitter is to build a horse. The closed loop of the SK business empire. Cars, mobile phones, and satellite communication systems can be regarded as hardware closed loops in its business empire, and Twitter, which has a large number of users, allows it to better cooperate with mobile phones, automobiles, and communication systems to achieve software closed loops... Another part of analysts It is believed that the acquisition of Twitter is just a smoke bomb, its purpose is to attract the attention of the outside world and make everyone ignore the fact that Tesla is acquiring a lithium company.
There are also good people who believe that Musk’s acquisition of Twitter is only for fear of being banned. After all, it is better than Trump to be banned, and Musk, who also likes to “talk” on Twitter, is undoubtedly dangerous. Of course, there is a lot of ridicule in this view.
Whatever the original intention, Musk's determination to acquire Twitter is real. Under the lessons of Tesla's privatization, Musk still has a long memory. The acquisition intention of Twitter this time was disclosed through the SEC. But still, it was a foul, because when buying Twitter stock, it did not disclose its 5% holding within the specified time period as required by securities laws. Instead, it used the time difference to accelerate the purchase behavior to reduce the overall acquisition cost, and it was not disclosed to the outside world until the shareholding reached 9.2%.
In addition, the acquisition also triggered Twitter's anti-hostile takeover mechanism, which immediately launched a poison pill plan, that is, if an entity, individual or group acquires 15% of Twitter's outstanding common stock in a transaction not approved by the board of directors Above, the "poison pill plan" will take effect, and Twitter will allow other shareholders to buy additional shares at a discount to maximize the cost of the acquisition.
But Musk obviously didn’t like this, and immediately tweeted that the Twitter board’s blocking of the acquisition was completely disregarding the interests of shareholders. In addition, an ultimatum was given to Twitter's board of directors. In a text message sent to Twitter's board chairman Brett Taylor, Musk mainly expressed three meanings: First, the price of $54.20 per share given has been It is very high, which is in the interests of Twitter shareholders; secondly, Twitter is doing very poorly now, and it has come to an end, save Twitter; thirdly, if the acquisition is unsuccessful, it will reconsider its position as a major shareholder.
Although the text message specifically stated that this was not a threat, the words were full of threats. Assuming that the acquisition is unsuccessful, Musk will sell his Twitter stock aggressively, and the latter’s stock price may usher in an avalanche, its status in social media will also accelerate, and Twitter shareholders will lose everything.
Today, Musk has raised $46.5 billion for the acquisition, of which banks such as Morgan Stanley will provide $25.5 billion in loans and the remaining $21 billion will be settled by Musk. And this is the banknote ability of the new down payment. It looked like everything was in place, just waiting for the Twitter board to nod at the threat.
The left hand owns a smart electric car company that claims to never have an advertising budget, and the right hand is about to control the privatized global head social media platform. How comfortable the road for Musk and Tesla will be in the future, who can say for sure?
The reference link of this article
https://mp.weixin.qq.com/s/6fdss29ydQ2I7eZYN0pA1Q
https://mp.weixin.qq.com/s/y10SAPExk0MV-vojwOwHlw
https://mp.weixin.qq.com/s/ Rt1W5Flun63gsWgiBzanoA