After Divorce, I Can Hear the Future

Chapter 930: Switch Houses Strategy?

Beijing time, 10:50 PM.General Tianxing fell below its $20 issue price, and its stock price immediately nosedived like a dam bursting, flooding rapidly.

In a very short time, it successively broke through $19, $18, $17, until it reached $15... Its market value was only $22.5 billion, and the downward trend only started to slow down.

"Sometimes I feel so stupid, clearly knowing that holding on is a meaningless act, but still hoping for a miracle to happen. If miracles were that easy, they wouldn’t be called miracles."

"It’s time for disillusionment. Blind faith in Liangzi is not advisable. Return my money; I won’t play anymore, alright?"

"On the evening of August 10, 2019, in the US stock market, Liangzi’s legendary path came to an end."

"I should have known to honestly buy the newly emerged ’Seventh Sister’ and invest in some low-end joint venture car company."

"Not listening to the advice of the experienced leads to immediate losses; just look at Tesla, with a market value of $290 billion."

"Now that I think about it, the decline of Liangzi did not start from this time; perhaps it began when he initially took a stake in Tesla and then sold off."

"The US are the true pioneers of technology, while Tianxing Automobile merely took bits of General Motors and Hyundai technology, patched it together, and fantasized about standing independently. It’s really laughable when you think about it."

"Is it still profitable to invest in Tesla now?"

"Absolutely, just reference Apple’s trillion-dollar market cap."

Desperation filled the individual stock market, with many retail investors completely overshadowed by institutions.

Without Lu Liang’s influence, General Tianxing offered them no hope of recouping their money.

Thus, they quickly cut their losses and turned to Tesla or other US ’Six Sisters’ stocks.

The fall of a giant brings new life.

Even though Tesla never responded to General Tianxing’s pursuit and overtaking slogans, seemingly paying no regard to the competitor.

Yet, the collapse of General Tianxing, and the loss of Lu Liang’s influence in the financial market, unexpectedly made Tesla the biggest beneficiary of this incident.

Retail investors needed to huddle together for warmth, institutions believed Tesla lost its biggest rival, warranting additional investment.

With the influence of various factors, Tesla’s stock price surpassed $600, with a market value of $302.6 billion, and continued to rise.

"What’s this guy thinking? Holding hidden cards but not playing them."

Gret from Vanguard furrowed his brows, instinctively looking at Wilson with a meaningful glance: "Kamon, it seems your relationship with Lu Liang is better than we imagined."

Apart from worrying that revealing his Tesla holdings would affect Wilson’s future, Lu Liang couldn’t think of another reason.

"Stop talking nonsense."

Wilson’s face was unsightly, his eyes somewhat panicked.

Indeed, that was the reason; he suddenly felt touched. Could it be that Lu Liang was really concerned about this, hence held back?

Gret squinted his eyes: "You’re feeling guilty."

"Can you say a little less?"hat had plummeted to the bottom was slowly rising.

On the right, the transaction details showed rapidly increasing trading volume, not like what you would expect at midday.

Capital monitoring showed that approximately five minutes ago, stock activity increased suddenly with new capital entering.

Lu Liang frowned and was about to speak, when he heard Wen Chao shout, "Pull up General Motors’ stock data immediately."

Previously affected by Tongtian, General Motors’ decline for the day also went from -7.52% to -6.12%, with a volume surge as well.

At that moment, Sun Zheyuan, who was waiting by the door, suddenly pushed open the door and entered, urgently saying, "Mr. Lu, Mr. Flannery urgently needs to speak with you."

Lu Liang quickly walked out of the trading room and picked up his phone. On the other end, he heard, "Lu Liang, someone might have guessed your plan. Perhaps we should announce it in advance."

"Alright, announce it then."

Lu Liang nodded in agreement, as he had set the trap to bury others, not to give them the time to fill it back in.

Whether it was a leak or someone guessing the plan, no longer mattered.

At 11:25 PM,

General Tianxing and General Motors jointly announced,

An investment of $38.2 billion to acquire 15% of Tesla’s equity from Alist Company.

As soon as the news broke, the market was in an uproar, investors were baffled.

"Alist?"

"Where did this company come from?"

"It owns so many Tesla shares?"

"It’s even A-class shares, what are they trying to do?"

Before the onlookers could get a response, the financial market reacted correctly in real-time.

Vast amounts of funds flooded into General Tianxing, with its stock performance acting like a bungee jump reaching for the sky. .

Opening at $33, it suddenly crashed to $25, then continued to decline until it reached $15...

Now, it shot up as if touched by the heavens, instantly pulling back to today’s opening price and continued its upward surge.

The stock price fluctuated almost every second, $35, $40, $50, $60...

It continued until it reached $64.5, slightly slowing down as it approached the historical high, with the stock price falling back for the first time.

Just as people thought the rally was over and considered reducing their holdings at the high, the bulls executed an unexpected comeback.

The historical peak of $64.8 was mercilessly broken, with the stock price holding firmly at the $70 mark, pushing its market value past $100 billion.

At 11:29 PM,

General Tianxing’s stock price was $70.8,

Its market value stood at $106.2 billion.