Chapter 78 Selling Tesla Stock (Part 1)



On January 2, 2011, Tesla stock in the United States surged to $36 per share, a 100% increase, and Musk was so happy that he danced the cha-cha at home.

Chen Ze was just as happy as him. In the chairman's office of Panda Takeaway Company, Chen Ze happily hummed the tune of "Little Apple" and paced back and forth in the office with his hands behind his back.

Chen Xiyu sat in front of the computer, slightly raising her head to look at him: "Boss, the stock has already doubled in value, should we continue to hold it?"

Although Chen Ze remembered that Tesla stock eventually rose to $37 at this time in his previous life, he decided to sell his shares now to be on the safe side.

As the saying goes, "the weather is unpredictable," and who can guarantee that history will not go astray? Tesla's stock in the past was always full of ups and downs, making people love and hate it at the same time.

Chen Ze raised his right hand and waved it downwards, coldly saying, "Throw it for me."

After saying that, he sat down at the computer and started operating it. The two of them began typing away rapidly, quickly selling Tesla shares in their accounts.

The two worked together until the market closed at 3 p.m. before stopping.

“Xiyu, calculate how many Tesla shares we sold today.”

Shen Xiyu took out a computer, typed for a while, and then said, "Boss, the two of us sold a third of our Tesla stock today. It will take about three days to sell all of our Tesla stock."

"Xiyu, which bank did we open our account with?"

"Boss, our account is with HSBC in Hong Kong."

"If we transfer money from HSBC in Hong Kong back to Grey Wolf Investment Company in mainland China, how much tax would we need to pay?"

"Boss, if we want to transfer the money back to Grey Wolf Investment Company in the mainland, we need to go to the tax bureau to show proof of stock profit income, and then we also need to pay 25% corporate income tax. If we want to transfer the money into a personal account for consumption, we also need to pay 20% personal income tax."

Chen Ze slapped his forehead and exclaimed, "This corporate tax is damn high."

Suddenly, my phone rang in my pocket. I took it out and saw that it was a call from Li Weihai.

"Hey, Mr. Li, are you calling me to invite me to a big meal?"

The voice on the other end of the phone said, "Mr. Chen, you guessed it. We're planning to treat you to a big meal, at the same place as last time, the Guanlan Hotel."

"Okay, remember to get me two bottles of that Flying Fairy Moutai from last time. I still can't forget the taste."

"Mr. Chen, come over quickly, the food and drinks have already been prepared for you."

"Okay, I'll be right there."

After hanging up the phone, Chen Ze instructed Shen Xiyu to print out the stock trading data from his computer, which would serve as proof of the source of the money when paying taxes.

After explaining everything, he picked up a coat and went outside.

After a half-hour drive, the car stopped in front of the Guanlan Hotel. The car door opened, Chen Ze got out of the car, took out a pack of cigarettes, and handed one to Zhao Youde.

I lit a cigarette, then stood by the car and looked at my hair through the window. Seeing that my hair wasn't messy, I casually brushed the dust off my clothes.

Only then did he stride confidently into the hotel.

In the hotel's private room, a middle-aged man of similar age to Li Weihai asked, "Mr. Li, we're from the same hometown. Don't lie to me. Is that young Mr. Chen you're talking about really as rich as you say?"

The man, named Mao Hanxiong, is from Xiangtan. He currently runs an electric motorcycle factory in Longhua District, Shenzhen. Due to low production volume and insufficient funds, Tailing Electric Motorcycle has captured 70% of the electric motorcycle market share in recent years.

If he can't find investors again, his company will probably only be able to barely survive in another year or two.

Li Weihai smiled mysteriously and said, "Don't worry, Mr. Mao. Given that we're both from Xiangtan, would I lie to you? Let me tell you, I used to think that Mr. Chen was just a rich second-generation. But then I saw a copy of the Shenzhen Evening News at a friend's house and found out that Mr. Chen is actually an outstanding entrepreneur worth billions."

Mao Hanxiong said with a wry smile, "Actually, I'm not afraid of him having money, I'm just afraid that he won't invest in my company. As you know, I've been driven to the brink by Tailing Electric Motorcycles."

"It depends on how many shares you're willing to give up. As long as the benefits are enough, even a rooster would be willing to lay eggs for you."

"Knock knock knock!"

Li Weihai's eyes lit up. "He's here! Go open the door!"

Mao Hanxiong was also a little excited. The patron he had been waiting for had finally arrived. He jumped up and ran over to open the door.

"Click," the door to the private room opened, and Mao Hanxiong sat down in a gesture of invitation: "President Chen, please come in. The wine glasses are ready for you, and I'll have the dishes served right away."

Chen Ze nodded and walked inside.

Mao Hanxiong instructed the waiter at the door, "The dishes for our private room can be served now."

"Okay, boss, please wait a moment, I'll go and call the waiter right away."

Chen Ze sat down next to Li Weihai, who stood up and introduced him: "Mr. Chen, this is Mr. Mao Hanxiong. His company is an electric motorcycle company that integrates production and sales."

Chen Ze stood up, extended his hand to shake hands with him politely, and said with a smile, "Mr. Mao, it's a pleasure to meet you."

Mao Hanxiong excitedly grasped his hands, "President Chen, it's an honor to meet you. You are indeed an outstanding person with extraordinary temperament. I wonder if you have a girlfriend? If not, my youngest daughter is very beautiful and about your age. I'll introduce you to her sometime."

Upon hearing this, Li Weihai's lips twitched, and he cursed inwardly, "Damn it, I'm here to introduce you to a sugar daddy, not a son-in-law. You're shameless."

Chen Ze smiled slightly: "Mr. Mao, thank you for your kindness, but I already have a girlfriend."

Just then, the waiter brought in delicious dishes and gently placed them on the table. A fragrant aroma wafted over, making them very tempting.

"Dinner's ready," the three of them said at the same time, picking up their chopsticks and taking food.

Mao Hanxiong opened a bottle of Feitian Moutai, filled it for the two of them, and the three of them ate and chatted.

After several rounds of drinks and several dishes, Li Weihai felt the time was right.

He then got down to business: "Mr. Chen, let's get down to business. You know that Mr. Mao is in the electric vehicle business, and the quality of his products is guaranteed. Do you think you'd be interested in investing in his project?"

Chen Ze put down his wine glass and nodded: "I am still very interested in the electric vehicle market, but I would like to hear Mr. Mao talk about his development plan in detail."

Upon seeing this, Mao Hanxiong quickly introduced his business plan and future development direction in Shenzhen to Chen Ze, and then talked about the current situation of his company.

Chen Ze listened attentively, sometimes nodding, sometimes smiling without saying a word. Finally, after listening, Chen Ze gave a conclusion: the company was short of money.

Mao Hanxiong spoke for ten minutes before stopping, then looked at Chen Ze expectantly, hoping that his development plan would be approved by him.

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