Chapter 501 Is it that you can't endure hardship? It's that you can't even eat a pancake!



"Mr. Lin Chen, what do you mean by that? As far as I know, you are a shareholder of Tesla, and you hold eight percent of the shares, which is already considered a major shareholder."

"Yes, I do own shares in Tesla, but I do not have the right to participate in decision-making."

"So you only have the right to share in the profits?"

"No, I still have the right to sell."

Hearing this, Hansford finally showed an expression of interest.

"What? Mr. Lin Chen, you wouldn't be thinking of selling me Tesla shares, would you?"

"Would Mr. Ford like it or not?"

"Yes, of course I want them. Whether from an investment perspective or from the perspective of business competitors, I can maximize the benefits of these shares once they are in my hands."

“No, Mr. Ford, I have a condition regarding the sale of this stake.”

What are the requirements?

"Let Tesla go bankrupt!"

"Um?"

Hansford raised an eyebrow. He was a little confused. Rumors circulated that Lin Chen and Musk had a very good relationship, and that Musk was able to complete the new production line entirely with money from Lin Chen.

Why is it that now, just when things are finally going to get going and they're about to make money, Lin Chen is going to destroy Tesla himself?

"Mr. Lin Chen, please forgive me, but I don't understand what the point of your actions is?"

“Mr. Ford, you don’t need to know that. This is a private matter between Musk and me. You just need to tell me whether you want to acquire my shares.”

Hansford pondered for a long time, considering countless possibilities, but still couldn't understand why Lin Chen would do this.

However, he did realize that no matter what Lin Chen wanted to do, this share acquisition would be entirely beneficial to Ford.

"It's a pleasure doing business with you!"

Ford extended his hand to Lin Chen.

After Lin Chen left, Hans Ford immediately summoned three of Ford's senior board members and discussed the matter with them.

The three senior board members have dedicated their lives to Ford and are people who can be absolutely trusted.

After hearing Hansford's words, the three old directors were surprised, but they quickly calmed down.

"President, although we can't figure out Lin Chen's purpose, the outcome is inevitable. He wants to use us to take down Tesla, and this outcome is the same as what we originally wanted to do. Now, Lin Chen has handed us the knife and is just waiting for us to make our move."

"That's right. The worst outcome is simply losing this portion of the shares. Although it's worth over a billion US dollars, that amount isn't much for Ford."

"That's what I think too."

Hansford nodded; that was what he had in mind.

"Those three senior directors, do you have any good ideas on how to use this knife more quickly and effectively?"

The three veteran directors exchanged glances, then burst into snickering laughter.

Tesla is now operating at full capacity, with its production lines running day and night to produce Model Y according to orders. Musk is finally experiencing what it means to enjoy the exploitation of capitalists.

Capitalists are not perverts who enjoy seeing workers suffer.

They're just anxious because they can't make any money. Do you, worker, know that while you're taking a dump, I've already lost tens of thousands of dollars?

This has led to great dissatisfaction among Tesla's production workers.

Even the donkeys in the production team aren't treated like this. And to make matters worse, you don't even give them a raise.

Let whoever wants to do this job do it; I'm not doing it anymore.

As a result, Tesla has been experiencing a significant daily loss of workers. However, due to Tesla's relatively high wages and good benefits, there is still a steady stream of people coming to Tesla for interviews every day.

Moreover, according to a former colleague who left the company, salaries in the automotive industry are rising across the board, so you can work for a gasoline car company without worrying about the risk of sudden death.

Tesla's HR also discovered this and went to report it to Musk.

"Boss, the wages of car production workers in the market have increased significantly compared to last year."

"Hmm? Do we need that many workers?"

"Because so many people have left, they all feel that the workload at Tesla is too heavy."

Musk sighed.

"Young people these days can't endure any hardship. If they don't work hard, how can they expect a bright future?"

The HR person thought to themselves, "Is it that they can't handle hardship? It's that they can't handle a good meal!"

However, he still nodded in agreement.

"Yes, yes, boss, you're absolutely right. So what should we do? Should we get a raise too?"

Musk doesn't actually want to raise prices. He even wants to ask the current workers to work a few more hours so that the workload of another person can be completed.

But he knew that if he did that, the labor association would probably come after him.

But he really doesn't have any money. He's already using the deposits from those who pre-ordered Model Y. Although the pre-order agreement says that the deposit can be refunded at any time and he doesn't want to buy it, in his experience, there aren't many people who pre-order but don't buy it.

Just as Musk was lying in his executive chair, fantasizing about seeing Model Ys everywhere, his secretary hurriedly pushed the door open and burst in.

Musk frowned. What was wrong with this guy? He had no manners at all. He'd replace him as soon as he had the money.

"Boss, a shareholder has suddenly requested to hold an online board meeting."

"Hmm? Which shareholder? Isn't it only shareholders with more than five percent of the shares who are qualified to convene a board meeting?"

"The other party holds eight percent of the shares!"

"Is it Vanguard Group? Or BlackRock?"

"Neither of them, it's Lin Chen!"

Musk never imagined it would be Lin Chen.

What he didn't expect was that when he arrived at the online board meeting, the person in the camera's view representing Lin Chen was not Lin Chen, but Hansford!

Musk certainly knows Hans Ford; Tesla has received a lot of "favor" from Ford along the way.

"Hansford? What are you doing here? Where's Lin Chen?"

Musk asked three questions in a row.

Hansford replied with a smile.

"Oh, I am Mr. Lin Chen's authorized agent for the shares. If you don't believe me, I have the agency documents signed by Mr. Lin Chen himself."

Yes, the first suggestion that the three senior directors of the Ford Group gave to Hans Ford was not to sign an acquisition agreement with Lin Chen, but to sign an agency agreement instead.

If it were an acquisition agreement, Musk would know immediately and react accordingly, but if it were a proxy agreement, there would be no need to report to the board of directors.

"So, you're the one who convened this board meeting?"

"That's right."

"So, what proposals do you have for the board meeting?"

"From a business perspective, I think the Model Y is being sold too cheaply, and I suggest raising the price!"

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