Chapter 178
Rolled rice cake
The opposite sex group has been busy for a week.
“Everything we do now has to be prioritized. Stay up-to-date on the latest trends in the electric car market and everything about electric car companies in the US.”
At the order of Vice Chairman Seon Jae-yong, the head of the group, the secretary’s office, management support office, and the US branch were mobilized.
“What’s up?”
“I don’t know. Does the Lee Sung Group still have lingering feelings for the automobile market?”
Employees ran around diligently while questioning and started researching the data.
It is not uncommon for a group of members of the opposite sex to be fully mobilized.
For Seon Jae-yong, Kim Shin’s words shook his heart.
“A smart phone with wheels is an electric car.”
The meaning of the plan depends on who is promoting it.
If you read comments on the Internet, you would have laughed and passed by, but Kim Shin is promoting his business based on those words.
“The automotive industry is a business that I am passionate about as an entrepreneur if I can do it.”
The former chairman of Lee Sung Group had a great passion for the automobile industry.
Mania to the extent of disassembling and assembling a car.
His son, Seon Jae-yong, was also greatly influenced by it.
‘After World War II, there was no country in the developing world that succeeded in establishing an automobile company except for Korea.’
With the founding of Future Automobile, Korea has become a key country in automobile production.
In the Isung Group, I felt jealous of Mirae Group, which had been leading the national economy in construction, shipbuilding, and automobile fields since the 1960s.
In the end, Lee Sung Motor was founded, but suffered a huge loss to the IMF and withdrew.
The regret for Seon Jae-yong was not erased.
“The Biden administration is trying to increase the share of electric car sales to 50% by 2030.”
“Libyan. It is currently being called the second Tesla and is preparing for vehicle production. Its current market cap is $130 billion. It is four times that of GM or Future Cars.”
“Lucid was founded by Bernard Che, who was involved in the design of the Tesla Roadster. I left the company after friction with Elon Musk, and I am aiming to make a premium sedan like the Mercedes-Benz S-Class.”
“Lucid has a market cap of $90 billion.”
The more I received reports on the electric car industry, the more I became greedy.
In the mid-1990s, he spent trillions of won to start a heterogeneous car.
They built factories for mass production, made technical alliances, and hired employees.
Now, 25 years later, in the United States, a market capitalization of tens of billions of dollars is formed just by making electric cars.
‘What will happen if CEO Kim Shin jumps into this hot market?’
Earth Resources’ success as a company over the past year would not have been possible without Source Coin.
It could have been successful somehow, but not like it is now.
As the second coin boom took place, Earth Resource received tremendous interest and benefits.
If Kim Shin jumps into the electric car market with Earth Resources, the impact on the automobile industry will be unimaginable.
‘It doesn’t make a single car, and its market cap will easily exceed $200 billion before it even reveals which model it will launch.’
Future Car, LK, DK.
What if the idea of having Korean companies become capable of producing electric vehicles becomes a reality?
Delays in vehicle development and production, which other electric car makers struggle with, will not be a problem.
It was possible to conquer the market simply by making a vehicle that just rolls.
Soon after starting a business, it becomes a global automobile company.
‘To be able to go to the screening room and watch a movie while promoting such a business… … .’
I was able to stick out my tongue at Kim Shin’s boldness. However, he reconsidered his judgment about the car of the future.
Hearing that a smartphone with wheels is a car, he felt attracted to the business.
The heterosexual group had a culture that valued money flow and profitability.
But how would that sound from the perspective of the manager of a company that has been making cars for decades?
Considering the culture of Mirae Group based on perseverance… … .
‘CEO Kim Shin’s proposal could be rejected.’
The Future Auto Group was likely to miss the rolling rice cake.
* * *
Jin Myeong-il, chairman of the Mirae Automobile Group, was sending a favorable gaze.
It would be nice to start with a compliment.
“After coming to Korea, I tried electric cars from Future Automobiles. It was pretty good.”
“Is it?”
“It was more than I expected for an electric car. I was also satisfied with the interior space and the abundance of options.”
While dating Jo Soo-ah in Korea, he rode various electric cars of Future Automobiles.
It went well with the basics of the car, stopped well. The interior finish was excellent while using a spacious interior space and inexpensive materials.
A vehicle with a basic price of 49 million won, launched as a mid-size SUV, had many advanced technologies. The ride comfort was good enough to overwhelm the Tesla.
To be honest, there aren’t that many cars I’ve driven myself.
Rolls-Royce, Bentley, Range Rover, and Mercedes flagships.
It is difficult to distinguish precisely because the basic price only rides 200 million or 300 million vehicles, but I felt that the future car has improved a lot.
“When I first started working, it was my wish to ride a Grandeur or Genesis. Driving such a car with my family made me feel like a success in life.”
“Haha, aren’t you becoming incredibly wealthy now far beyond me?”
Chairman Jin Myung-il was sending a more favorable gaze.
I became super-rich in America and often met older politicians and businessmen.
If you show them a humble side, the response is very good.
In particular, I saw it as if it was admirable to properly use ‘when I was’.
Now, when the atmosphere is good, seemed like the right time to get to the point.
“So I want to do business in earnest with future cars.”
“Do business with our company?”
“Yes, we are building an electric car together.”
The cooperation of future automobiles, DK, and LK were also revealed, and a plan to form an allied force was revealed.
“Now that the importance of the consumer market has grown, we can no longer build automobile factories in Korea. By building a large-scale factory in the United States… … .”
While talking about the plan for a while, I could see Chairman Jin Myung-il’s face turned red.
Looks like he’s holding back a lot of anger.
“President?”
“The car… … A smartphone with wheels on it? Do you know that the automobile industry is so easy?”
“I made an analogy using an electric car as an example. Car production naturally requires a lot of skill. From electric vehicle-related technologies, design and various know-how on automobile assembly plant construction, to manufacturing of numerous parts and ride comfort.”
“You’re going to get all of that from our company?”
“Yes, it is.”
Chairman Jin Myeong-il raised his hand and pointed to the door.
“Let’s go. It just disappears.”
In the end, it was cool.
* * *
A date with Joshua, a business proposal for future cars.
Although the Earth Car project has met a reef, there are still many things to do in Korea.
“Today, a special guest came to visit us. He is the owner of Earth Game Team, and he is a famous person that everyone in Korea doesn’t know about. This is CEO Shin Kim.”
As the Earth Games team advanced to the finals of the LoL Summer League, they visited the competition venue in Gangneung.
The audience screamed at the host’s introduction.
With more than 10,000 people watching the event, the atmosphere was hot.
“Wow!”
“Kim Shin! Shin Kim!”
I got up from my seat to the tremendous cheers of the audience and greeted them politely.
Next to him was Kim Sang-ki, whom he hadn’t seen in a long time.
“As expected, Kim Shin’s popularity is no joke. Even though it was far, it was good to come, right?”
“It is a fun experience.”
Every time the Earth Game Team uploaded a video, the number of views surpassed that of Mets and Arsenal.
“I didn’t know that a new team would already advance to the finals.”
“This is all thanks to the hard work of the leader.”
Kim Sang-ki’s expression was much brighter than when he attended Arcor.
You realize how important it is to make a living doing what you love.
The fierce competition lasted for 4 hours.
“Championship! The winner of the summer league is the Earth Games Team. We won after a tight match with 4 wins and 3 losses.”
An unexpected victory.
At the event to celebrate the victory, we heard the feelings of gamers belonging to the company.
“I thought about giving up being a gamer after my team was disbanded. The person who created the team and gave us courage is CEO Shin Kim.”
“The Earth Game Team creates the best environment so you can focus only on the game. My teammates, my front family members. We are all one team, and I am very grateful to CEO Shin Kim.”
Every time my name came up in an interview with gamers, I felt proud.
* * *
〈Global financial market stock market decline from New York〉
〈New York stock market, Nasdaq index crashes at the end as inflation concerns grow〉
Dow, NASDAQ, S&P 500.
The three major stock indices, which had been hitting all-time highs, turned to decline.
“Is Kim Shin selling short?”
“Even put options?”
Big Wall Street fund managers heard about Shin Kim.
With assets ranging from billions to tens of billions of dollars, they were watching with great interest.
“Is today’s stock price drop due to Kim Shin’s power?”
“Every moment, we worry about how the stock price will change one hour or three hours later. In the meantime, the stock index has risen too much. Inflation is precarious. The news that Kim Shin is selling is definitely bad news for the market.”
bad news and good news. Stock prices fell as information-sensitive managers sold shares.
It was around the time that rumors had been circulating around the market that Kim Shin had moved.
〈Elon Musk sells 10% of Tesla shares through online survey?〉
〈Tesla, 12.01% plunge due to Musk risk〉
Elon Musk posted a survey online to see if he would sell his stock, and Tesla stock fell sharply in 14 months.
The collapse of Star stock, with a price per share exceeding $1,240.
In the world, I thought it would rise to 1,300 la, but now the price is 1,023 dollars.
It’s just that she’s barely maintaining her angel.
“Team manager, has Tesla’s short selling increased significantly?”
“What are you talking about?”
“It has increased from 3% to 22%.”
“Such absurd… … .”
Charles Dickens, head of research at Bank of America.
He had a name that came to mind while thinking about where an investor would be able to boldly short-sell stocks that rose the most last year and this year.
“Is this also Kim Shin?”
“First of all, the order from JP Morgan seems to be correct.”
There are many bright stars in the financial world.
It is a place where news comes out all the time that those who made huge profits went bankrupt after a few years.
Analyzing Kim Shin’s walk on Wall Street, he was far from a long-term investor.
Investments continue for several months, but with investments that identified the highs and lows, the property was enormously increased in a year and a half.
Regardless of the flow of the financial market, he sets the timing under his own analysis and raises outrageous returns.
“Isn’t Kim Shin currently in Korea?”
“I am in Korea. If Kim Shin was right about the current investment, he would have already made 25 billion dollars.”
Bank of America made a year’s worth of profit in one week.
Charles laughed mischievously.
“God of investment. I was laughing because there was a movie coming out… … .”
“manager?”
“I’ll have to watch that movie as soon as it appears on the Earth Channel.”
Of course, Kim Shin’s investment was still ongoing.