After Divorce, I Can Hear the Future
Chapter 670: Two Costs
"Lu, your intentions are clear to me, there’s no need for all this detail."
Wilson’s face was filled with resentment, like a daughter-in-law being bullied by her father-in-law and scolded by her mother-in-law when her husband wasn’t home.
Lu Liang was taken aback, curiously asking, "So you mean to say this really was a play of bitter self-dramatization you orchestrated?"
"Actually, it wasn’t exactly orchestrated, more like going with the flow."
Having reached this point, Wilson had no reason to hide anything, so he slightly adjusted his words and simply told Lu Liang the ins and outs of the matter.
Everyone vents their grievances, like when he’s in a bad mood, drinking a little, and would verbally curse Trump, threatening to find someone to get him physically dealt with, similar to the background in which Lu Liang’s remarks were born.
But Jonathan from Muddy Water Fund wasn’t entirely innocent because he expressed those remarks himself.
As a Wall Street institution specializing in shorting Chinese concept stocks, ever since Lu Liang emerged, their days had been difficult.
Although Lu Liang wasn’t very active in the US stock market, his name continued to circulate within it.
Perhaps fearing consequences, worried that Lu Liang might retaliate, the shorting of Chinese concept stocks in recent years has drastically reduced.
Shorting Chinese concept stocks is Muddy Water’s main profit source, but with fewer actions in recent years, earnings have decreased, and so have the funds that fall into Jonathan’s pocket.
Just at that time, while Lu Liang was making a killing in the London gold market, Jonathan felt envious and started spouting nonsense after a few drinks.
What was originally a small matter got complicated when he confided it to someone unreliable - Brennan from Gugen Fund, who had once worked under Wilson.
"Lu, we haven’t been in touch for too long; I feared the relationship would become distant, so I facilitated things."
Wilson smiled obsequiously, trying to cover things up with laughter.
However, Lu Liang wasn’t buying it, and with a cold smile, said, "No harm trying, right? If it works out, it’s a huge win."
"It’s an injustice! I swear by my faith as a devout follower of God, I never harbored any thoughts of harming you."
Wilson suddenly became agitated; though his affection for Lu Liang never wavered, he merely wished to see him bankrupt and disgraced.
If ever given the chance, he would certainly extend a helping hand, as long as Lu Liang would allow him a slight advantage, anything could be discussed.
Wilson’s supposedly affectionate gaze made Lu Liang feel nauseous; he leaned back slightly to maintain as much distancing as possible from Wilson.
Nonetheless, he tentatively believed the assertion.
After all, through these years of interaction, apart from this confrontation, Wilson had indeed helped him quite a bit.
At this moment, Tian Xi bounced over with a bright smile, nodded at Wilson, and then obediently sat beside Lu Liang, offering him a card like presenting a treasure: "There’s still over 14 million inside."
"Still so much left?"
Lu Liang’s face showed displeasure, suddenly sternly saying, "Keep spending, and don’t come back if you can’t spend it all."
"Ah~~" Tian Xi was dumbfounded, thinking she heard wrong; she had expected praise from Lu Liang for being sensible and thrifty.
Wilson didn’t know when he learned Chinese; not only did he understand their conversation, he also used broken Mandarin to say, "This beautiful lady, Mr. Lu means we still have unfinished business, please move along for a bit."
"Is it really?"
Tian Xi tilted her head, feeling puzzled.
"Your Chinese level has improved quite a bit now."
Lu Liang was briefly surprised, then smiled, saying, "Almost there. You have to maintain the wealthy girl persona, can’t keep wearing the same few outfits repeatedly, can you? Go buy more."
"Why can’t you just say you’re being nice to me frankly? I gladly accept it. Let me know when you two are done talking."
With much flair, Tian Xi squinted at Lu Liang, already shedding the innocence of a girl and gaining the allure of a woman, exuberantly heading next door to continue shopping.
"Youthful girls always bring joy," Wilson mused as he watched her departing figure.
Though he liked handsome boys, it didn’t prevent him from liking beautiful girls too.
Tender and soft as teenage girls may be, their personalities aren’t usually that lively.
It seems that someday, trying a young East Asian girl might be worthwhile.
"Look at what’s appropriate," Lu Liang snorted, interrupting his idle thoughts.
Though he has so many lovers that they can hardly be cared for properly, what belongs to him he can reject, but others shouldn’t covet, let alone have ideas about them.
Wilson quickly smiled flatteringly, saying, "Friend’s wife should be off-limits, my Chinese teacher taught me this in the first class."
Lu Liang was momentarily speechless, glanced at him, and didn’t bother correcting him that it’s about not being permissible, not impolite.
He drank a cup of tea and cleared his throat: "Let’s just brush these matters aside. Tell me why you’re here this time."
Seeing the conversation finally heading towards the main topic, Wilson toned down his smile, sat up straight, and said seriously, "Lu, there are no eternal enemies, only eternal interests. We can actually sit down and have a good talk."
He seemed to feel he didn’t have enough weight, and added: "This isn’t just my idea, it’s Jamie’s, and it’s also JPMorgan’s."
Lu Liang sneered: "You were the ones who initiated the trouble, and now it’s you again coming over to make peace. If I agree too readily, does that make me look particularly easy to talk to?"
He didn’t hide his attitude, willing to meet with Wilson, indicating there’s room for negotiation, provided JPMorgan Chase pays a price that satisfies him.
Wilson sighed deeply, expected this situation, and was prepared: "General Tianxing, JPMorgan invests ten billion dollars for a 5% stake, ensuring no worries about future sales in the Europe and America markets."
Over a year ago, Tianxing partnered with General Motors, claiming to invest 5 billion dollars in Detroit, but according to their investigation, only 5 billion US dollars have been invested so far.
Lu Liang probably worried that due to his current relationships with various Wall Street institutions, the invested money might go down the drain, so he has halted further investments.
As they buy in, they provide protection for General TianxingTianshu, which is about to go public, so there will be no more worries in the future.
They will also help open up sales channels in various countries, striving for Tianshu to enter the global market by the end of the year.
Moreover, this deal,
Lu Liang will also receive a very high return.
Because their lavish investment of ten billion dollars only earns them a 5% equity stake, suggesting General Tianxing’s valuation reaches a staggering 20 billion dollars.
Lu Liang holds 49%, even with dilution still owning 44.34% equity, valued at 8.869 billion US dollars.
Lu Liang laughed silently, suddenly pulling a stern face and said: "This calculation sounds impressive. Is General Motors useless that they need JPMorgan to open up sales routes?"
Wilson said: "Flannery is indeed the most outstanding manager in the history of General Motors, but he may not necessarily go against various Wall Street institutions for Tianxing Automobile."
He perseveringly said: "JPMorgan’s joining is not only a timely help but also adds brilliance. Cooperation yields mutual benefits."
Lu Liang pondered and asked again: "This is the first condition. Now tell me the second one, let me hear it."
Wilson’s mouth opened slightly, and the confusion on his face was perfectly presented: "What second condition?"
"I won’t say it a second time."
Lu Liang squinted his eyes, wishing he could give him a kick.
This bastard always pretends to be ignorant.
If he weren’t certain he could persuade Lu Liang, he wouldn’t believe he’d go to such lengths, going through all these efforts to meet him.
JPMorgan’s investment in General Tianxing and the assistance in opening up sales routes in Western countries is a good condition, but far from sufficient to fully convince Lu Liang.
There’s no surprise that Wilson is hiding something and gambling too.
He’s gambling that Lu Liang is easy to deal with, so they don’t have to offer conditions that are too painful for them.
The two of them sat silently, after a long time.
Wilson felt helpless and called for the assistant at the door to take a contract out of the bag.
He said: "Although you hold but have sold Tesla stocks, yet I think you still believe in Tesla’s future, or rather you’re afraid of Tesla growing. This is our utmost sincerity, hoping you would accept."
This is a 10-year effective, $15 billion equity transfer contract. JPMorgan plans to transfer all its 15.55% Tesla shares to Lu Liang’s name.
If Lu Liang can’t come up with so much cash at once, they can also transfer the stock rights in advance and pay off over three to five years.
The equity JPMorgan holds, unlike the class B shares Lu Liang purchased in the secondary market, are Tesla’s original A shares with voting rights on the board.
If one day, Lu Liang wants to swallow Tesla, these original shares will deal Musk a fatal blow.
When Jamie proposed how to get Lu Liang to provide help, Wilson thought of using Tesla’s shares as a price.
That’s why he asked what to do if a long-term strategic project of the group gets damaged.
Jamie’s reply was very cryptic.
Yet Wilson still heard that if someone needed to take responsibility in the future, he would be the scapegoat.
But he doesn’t care.
If the Q3 crisis can’t be resolved, there will be no Cameron Wilson in JPMorgan Chase anymore.
He doesn’t have a future,
So why care about the future of the group?
Therefore, he decisively took out Tesla’s shares as a price.
Jamie agreed too.
After all, if this matter is not handled well, his chairman position will be unstable.
The two of them simultaneously chose to deal with future issues later, overcoming the current crisis is the most important.