Coin Tycoon Also Goes to Work - Chapter 290



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Episode 290

I got the news that Mateo Luton had been promoted to the EPL. Unfortunately, I was so tired at the time that I was sleeping. And I had Mateo Luton’s game on.

As soon as I woke up and saw the highlights, I got goosebumps.

Even in England, Matteo Luton’s game was making headlines.

Santon narrowly won the league’s top scorer title, scoring a whopping 31 goals.

I decided to call them all together after offering them a generous incentive. I was going to charter my cruise yacht for them.

But the joy didn’t last long because I had to work.

I recently heard from Dr. Andrew that this time a powerful mutant virus may emerge.

[An analysis has been posted that a new variant virus has appeared on the African continent. It is a place called Botswana, and the WHO has been dispatched there.]

“If it’s to the extent that even WHO is dispatched, it must be serious.”

[It seems like it’s only a matter of time before an official report is made. ”

There have already been 12 mutations of the coronavirus. However, it has been a while since the big pharmaceutical companies in the United States and the new coronavirus drug companies of each country declared war on the coronavirus mutation virus.

We were somehow preventing the mutation from spreading.

This time, after hearing Dr. Andrew’s words, which seemed really serious, I had to make a decision.

I stopped by Bank of America and met with Alex Morgan. The New York branch manager was also there.

“Morgan, I’m thinking of betting on a decline in the New York Stock Exchange.”

“Again?”

“How much money do you have available right now, other than the money you currently have tied up?”

“It’s about 100 billion dollars.”

“Then I will put $100 billion in the companies and derivatives that are listed on this document that I give to Morgan to protect against the New York Stock Exchange. The exact amount will be written on this document before I leave Bank of America.”

Most of the companies I listed on paper as short sellers were semiconductor companies in the US and Tesla.

This was a conclusion based on the assumption that a pivot would occur. This was because it was judged that some of the current US semiconductor companies and Tesla were overvalued.

Of course, U.S. semiconductor stocks had hit a record high of over $500 million, and if the global shortage continued, there was a high possibility that they would continue to surge. And it seemed likely that the semiconductor bull market led by Il Sung Electronics and TSMC would continue in the future.

However, there are predictions that there is a possibility of oversupply, although demand shows no sign of completely disappearing as customers continue to place orders.

Uncertainty in the global semiconductor supply and demand. Even now, the demand for chips that contain semiconductors, including those in the automobile industry, is fluctuating.

My shorting urge was piqued by the idea that tight supply conditions and long lead times could disrupt market demand signals, making it difficult for the supply chain to adjust production forecasts and capacity planning when demand changes.

Even with record-breaking performance, stock prices can fall.

In particular, the impossibility of mining industries around the world, including China, could have caused market volatility.

I don’t think there is any excess capacity in the current market. However, capacity is being added continuously, so there could be an oversupply in the future.

Of course, I didn’t plan on taking it for long.

There was no answer, because Morgan was too surprised.

“100 billion dollars each?”

“I think it will be a great competition between various companies and financial institutions.”

I continued, staring at Morgan, whose fingertips were trembling with vague fear.

“Is it impossible?”

“Perhaps, Chairman Seo may not be finished, but if many financial companies lose this match, they may go bankrupt.”

“If you have the courage to take on me.”

I smiled brightly.

“You could lose $100 billion. You don’t seem nervous at all.”

Morgan sounded embarrassed and worried, but I enjoyed Morgan’s reaction of getting burned.

“Well, it’s money that I don’t need.”

I have engraved one principle in my head.

The mindset that you only need to have $100 million.

After retirement, I thought I would live a modest life with Kang Seo-yoon and $100 million.

That’s enough. Now I won’t be obsessed with the money that’s overflowing.

I feel so relieved.

‘It’s okay to lose.’

Rather, I hoped that I would lose by investing in a decline in the New York stock market.

* * *

Only after the morning sun rose did breaking news arrive in Korea.

“Seo Jeong-in bet $100 billion on the New York Stock Exchange decline”

“Not 100 billion won, but 100 billion dollars? Isn’t that crazy?”

“It is said that Saudi Arabian and Qatari tycoons have decided to directly take over financial companies and take opposing positions to Chairman Seo. They have declared that they will wage an all-out war. It is said that Bin Salman is also participating in this. ㅁㅊ”

“How much did you hate Seong-in? T_T”

“It’s not that I don’t like it, I guess I’m just playing around. They say that even if you just live in poverty, your assets are worth 300 trillion.”

“I think it’s going to be a really interesting match”

“Is this a possible number? Wow. I’m speechless.”

The reaction in Korea was simply that Chairman Seo Jeong-in was crazy.

Han Tae-woon scratched his philtrum and chuckled after seeing the new hour reactions from people coming from various communities.

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“Seo Jeong-in really is a crazy guy.”

Han Tae-woon’s wealth has exceeded 2 trillion won. However, it was 2 trillion won in the past and it is still 2 trillion won now.

He used to be a billionaire, incomparable to Seo Jeong-in, but now the situation has changed.

No matter how generous he was, it was impossible for him to short-sell $100 billion on semiconductor stocks and Tesla, which were showing record-breaking performance, like Seo Jeong-in.

“Seo Jeong-in. Are you really going to deal with empty-handed people?”

This was absolutely crazy.

* * *

Previously, Tesla’s Fremont factory in California, which was mass producing the Model 3, was not operating at all.

Tesla, which had promised to produce 5,000 units of its mass-market electric car, the Model 3, per week using a robot army called Dreadnought, produced less than 10,000 units in the first quarter and was facing a short-term liquidity crisis.

It was a famous anecdote that Tesla, which had pre-orders reaching 400,000 units at the time, quickly built a tent next to its factory and assembled vehicles by hand to overcome a short-term liquidity crisis.

Even Elon Musk has lived in a tent.

However, the vehicles produced faced much concern and criticism due to poor assembly quality, such as differences in finish and mismatched interior colors.

It was a process that was bound to be criticized.

Production was difficult because even a small system error could bring the entire factory to a halt, and the high initial investment and maintenance costs of AI robots made it difficult to maintain liquidity.

‘Elon’s power is endless.’

But Tesla’s current Fremont factory has taken the top spot among U.S. automakers in terms of productivity, beating out the likes of Toyota and GM.

The production of a total of 310,000 electric vehicles in the fourth quarter of last year alone would have been the best performance that a single factory could produce.

Because of Dogecoin, Elon Musk’s workaholic side has become a skill I absolutely must benchmark, even if I hate to admit it.

The vertical integration of manufacturing batteries, semiconductors, and body parts in-house, along with full automation and process optimization, was truly an innovation.

And Elon Musk himself has come up with new technology to optimally design the factory’s space.

Mate Giga is a revolution from Tesla Giga.

Ultimately, the core mission is focused on ‘sustaining and accelerating global production of electric vehicles as a sustainable energy source.

After that, we had to scale up.

And today, Mateca is participating in America’s largest Battery Day event.

“I would like to introduce you to new battery materials along with the battery design and production process.”

The battery is, of course, a lithium-ion battery. However, a demonstration of Mate Kaman was held to protect the transport layer, that is, the cell module, while also designing a way for the driver to escape in the event of a fire.

And I stood here and lifted up one battery.

“We decided to try to incorporate Mate Kaman’s innovation into cylindrical batteries rather than pouch batteries, square batteries, or other types of batteries.”

Everyone who was staring at me was silent for a long time. After a long time, they muttered like crazy people.

“A cylindrical battery.”

“Mate Kado is finished now.”

Their rumbling had already been anticipated and judged.

Cylindrical batteries have the advantage of being cheaper than square or pouch batteries, but they have the disadvantages of low energy density and short lifespan.

Cylindrical batteries are the oldest technology among all batteries. They are commonly seen in the form of AA batteries and were mainly used in laptops and cell phones in the past.

But the reason we stuck with cylindrical batteries was very clear.

I picked up one of the cylindrical batteries that I hadn’t taken out.

Then the commotion suddenly grew louder again.

People hesitated for a while, looking like they had to say something but didn’t know how to react.

“You’re going all out to make a ridiculous demonstration.”

“I guess I expected too much from Mate Alpha.”

They had serious faces. But I shook my head and held on.

The cylindrical battery, which increased the size of the battery, looked rather crude rather than pretty in design.

“As the size of the battery increases, the capacity, energy density, and manufacturing cost are reduced. What’s significant about this is that as the cell size increases, the amount of external materials that go into it can be reduced, which will dramatically increase the driving range.”

“If one of those bulky cylindrical batteries were to explode, people and electric cars would both burn to the ground.”

“No.”

“If not that, then what is it?”

It was then that I suddenly opened my mouth.

“Rather than minimizing the empty space as much as possible, we developed our own module that can protect the cell particles from fire. In other words, we developed a patented material.”

“……!”

For a moment, they stood there with their mouths wide open, their expressions like a still frame.

“Because it uses metal cans up and down, it won’t be easily damaged even if a high force is applied from the outside. Also, the reason I’m saying this is because it protects the inside of the battery, which reduces the risk of electrolyte leakage and prevents battery fires. In addition, since our patented development material is included in the transport layer, the risk of fire will be drastically reduced twice.”

“What on earth is that patent material?”

I spoke quite politely.

“We will apply tapless technology to increase energy density, where we will introduce fire-resistant additives composed of organic compounds together with other formates, which are our patented strategic materials, as a layer design. In other words, we will capture both durability and battery efficiency.”

“Are you saying that you want to strengthen the bonding strength by making the three-dimensional structure stronger?”

“Yes. We will hold another demonstration as soon as we have our own new technology patent.”

Even after hearing the explanation, it seemed as if he couldn’t believe it, so one of the experts asked again as if to confirm.

“So now, you’re saying that you’re taking all the packs and modules, but you’re also making up for the safety flaws?”

“The addition and omission of packs and modules has not been decided yet, as the transition to Mate Ka is still two years away. However, we consider the results of production innovation, starting with safety, as the destiny that Mate Ka must have.”

Lower prices will ultimately provide a core competitive advantage. But instead of increasing net sales by lower prices, I decided to reinvest in the safety of my Mate Car customers.

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