After Signing In For Three Years, My Identity As Shenhao Was Exposed - Chapter 944
Chapter 943 Gates follows up and shorts the global auto industry
Yang Chen greeted Mayor Wang to enter the study room to chat.
“You’ve been running towards me every day, and when people saw it, they thought we had some ulterior motives.” Yang Chen teased.
Mayor Wang laughed and said, “It’s normal to drop by the door after get off work.”
Yang Chen poured two cups of tea and greeted Mayor Wang to sit down and chat.
“Is this time to short the auto industry?” Yang Chen asked directly.
Mayor Wang laughed and said: “Director Yang is right, I am indeed here for you to short the global auto industry. You don’t know, my phone is going to be blown up. People want me to ask why you’re shorting the global auto industry.”
Yang Chen: “Can you still not know about this? You don’t need to come and ask me.”
Mayor Wang: “Of course I know this. The key is that I have to determine what your thoughts are, what plans you have made, and what results you want.”
Yang Chen: “Isn’t the Wall Street side short Tesla? I think they must have received some news, so they are so bold to short Tesla. Since they have all received the news, if I don’t work harder, Then don’t we make wedding dresses for others? When you officially announce the reform measures of Daxia’s auto industry, they will lie down and make a lot of money.”
Mayor Wang: “Oh, so that’s the case. It doesn’t seem to be a problem. Since we know the inside information, we should really take advantage of it. But you said that Wall Street already knew the news, which is unlikely. Not many people know about it, how could they possibly know?”
Yang Chen took a sip of tea, smiled slightly, and said, “If the Wall Street giants don’t even have the ability, how can they become giants?”
Mayor Wang smiled awkwardly and nodded helplessly.
If they don’t even have such a source, they really can’t become a giant.
Now that the Wall Street side has inquired about the news, it is necessary to speed up and promulgate the regulations on the reform of the automobile industry as soon as possible.
The longer it drags on, the more profit on Wall Street’s side.
In fact, the Wall Street giants did not get any news, but Gates got the news.
Otherwise, it is absolutely impossible for Gates to short Tesla easily.
Gates has repeatedly emphasized to Musk that this is market behavior and has nothing to do with other aspects.
This shows that he got the news that there will be a big reshuffle in the auto industry, and Tesla will bear the brunt of the huge impact, so he will be short Tesla for the first time.
With Gates’ ability, he can definitely use this opportunity to make a lot of money.
The more time left for him, the more money he can raise, and the more he invests, the more he earns.
If he makes money on his own, no matter how much money he makes, it should be.
But now he is not relying on personal ability, but stealing news, so he can’t make too much money.
After Mayor Wang left Yang Chen’s house, he immediately reported to the above to speed up the promulgation of the regulations, so as not to make a wedding dress for a big guy like Gates.
However, they are still a little slower.
Gates followed Yang Chen’s short-selling pace and spent more than 20 billion shorting global auto brands.
Yang Chen’s shorts are all big brands, such as Daimler, which owns sub-brands such as Mercedes-Benz and Maybach.
Even if the brand is almost the same, it is a well-known car company such as Toyota and Honda.
But Gates is different. He shorts the car companies when he catches them, and no one in the entire industry fails.
It doesn’t matter whether he is short 100 million or 1 billion, anyway, he has achieved “even rain and dew”, and everyone must be short.
Gates is more famous in the world than Yang Chen, after all, he was the richest man in the world twenty or thirty years ago.
Therefore, his every move was given special attention.
The day before, Yang Chen from Daxia shorted the global auto industry.
Today, Gates, the former richest man in the world, is also shorting the global auto industry.
Even people who don’t understand investment know that the auto industry is about to usher in a major earthquake, and there will definitely be a wave of strong reshuffles.
After this reshuffle, many car companies may not survive.
So, those who are still hesitating have followed short the auto industry.
The entire auto industry is in decline, so how can Tesla be immune?
No, the part that just rose back two days ago, all fell back in one day today, and it fell by 35% at the close.
This also means that the 10 billion meters of gold that Musk had previously mobilized were all wasted, and it was a loss.
Here in Daxia, the stock market has not yet opened.
Investors who held shares of auto companies wailed in the stock review area early in the morning.
“This is too bad. Now people all over the world are shorting the auto industry. I have been investing in stocks for more than 20 years, and this is the first time I have encountered a situation where everyone is shorting an industry together.”
“Fortunately, our A-shares have a price limit. If there is no price limit like a foreign stock market, we don’t know what the loss will be. Look at how miserable Tesla is. It has risen less than 20% in two days. As a result, it fell by another 35% in one day. This is the disadvantage of not having a price limit.”
“I’ve already chosen to lie down, and now it’s boring to run. I believe in the words of the God of Wealth, there will be short-term pains, but in the long-term, it will definitely rise back. Now we can only use time for space. I advise those stocks that have fallen a lot. Friends, don’t cut it, it doesn’t make sense to cut it at this time, let’s wait for it to go back up.”
“Xiaosan is really pitiful, he became the victim of Yang Chen, a bastard, to take revenge on other car companies. Sigh…”
…
After another week, Wall Street giants finally shorted the 80 companies as planned.
Except for Tesla, all other companies are from Europe.
This time it is clear that it is to harvest the European stock market, depending on whether the legendary Rothschild family will appear.
During this week, Musk mobilized another 20 billion meters of gold to restore Tesla’s stock price, but it still failed.
However, he holds more Tesla stock, and as long as Tesla’s stock price rises back in the future, he will still make a lot of money.
However, if Tesla’s performance is squeezed by Xingchen, even if the industry pulls back, Tesla’s stock price won’t rise much.
The U.S. stock market is different from Daxia’s A-shares.
There will be performance and investment value.
If the performance is good, the stock price will be higher.
The higher the investment value, the higher the stock price.
Once Tesla’s performance plummets, its stock price is bound to plummet with it.
Therefore, Musk is now riding a tiger.
I can’t bear to watch the stock price fall, and UU Reading www.uukanshu.com has no particularly good way to prevent it from falling.
In his heart, he wanted to take the opportunity to eat more goods and increase his company’s equity.
But he was worried that the stock price would not go back up, and the money he invested would be wasted.
After hesitating for a few days, news finally came from Daxia.
The “Regulations on Reforming the Daxia Automobile Industry” and other relevant regulations have finally been released.
At this time, everyone finally understood why Yang Chen and Gates were shorting the global auto industry.
(End of this chapter)