Xu Jiayin failed to smash 100 billion yuan, Jia Yueting did not succeed in 10 years, but Lei Jun built the car in 3 years

The release of Xiaomi SU7 has attracted the attention of the whole network. Let's not talk about whether this car is good or not, and I don't say whether this price is cost-effective. Lei Jun's success in building a car in 3 years alone is very worthy of our admiration.

Xu Jiayin smashed hundreds of billions of dollars to build a car, but in the end he also failed, and he was also caught. Jia Yueting was the first to say that he wanted to do electric cars, and when LeTV launched the concept car, there was no Weilai or ideal? But now 10 years have passed, and Jia Yueting has not succeeded.

In 2014, Jia Yueting said that he wanted to build an electric car, and then soon launched a concept car. At that time, when the concept car of LeTV Auto appeared at the press conference, it can be said that it shocked many people.

However, in the end, LeTV's funds were completely broken in 2017, and then Jia Yueting sold his shares to Sun Hongbin, and then went to the United States. He also said that he has been building cars in the United States in recent years. However, his FF cars have not been delivered on a large scale until now. The market value of key FF cars has grown from billions of dollars to more than $20 million now, almost becoming a junk stock.

After Jia Yueting went to the United States, Xu Jiayin went to the United States to find him and proposed the idea of acquiring FF cars. Later, Xu Jiayin threw billions of dollars into FF Motors and became one of the shareholders of the company, holding 20% of the shares.

At that time, the two parties went to court for the controlling stake in FF Motors. Recently, Evergrande Automobile also issued an announcement that the company has lost hundreds of billions of dollars so far, but Xu Jiayin has spent so much money, but how many units have Evergrande Automobile sold? If it weren't for some Internet celebrities who were curious and bought to shoot videos, it is estimated that the sales would be even worse.

In fact, Xiaomi built the car in 3 years, and it was built well. Although some people spray Xiaomi cars without independent research and development, but now the industry is the era of great integration, and the resources that can be obtained in the market do not have to be developed by themselves. This shows that it is not difficult to build a car with money.

Jia Yueting did not succeed, and many people can still understand it. However, Evergrande Automobile burned so much money but did not make a good car, which makes people very puzzled. Evergrande spent so much money, bought so much technology in foreign countries, and spent more than 20 billion yuan to build a factory, but in the end nothing succeeded.

I have to say that Xu Jiayin is also a talent, no wonder he will be arrested in the end? Where did Evergrande Automobile lose all this money? It is estimated that only Xu Jiayin himself knows.

There is another company that has fallen recently, and that is WM Motor. Now there are rumors that some of Weimar's executives have also been arrested, which shows that the company also harbored man-made disasters in the process of its collapse.

In fact, many people may not have considered a problem, in fact, the probability of success in making electric vehicles is very large, so why are there so many companies to do it? Many companies do electric vehicles have no chance of success at all.

Making an electric car is different from other entrepreneurial projects, which requires a lot of capital. A start-up company has no technical reserves, and you also have to face a lot of competition from traditional companies. That means you'll need a lot of money to get through.

Weilai and Xiaopeng all have strong financing capabilities, and their founders have themselves successfully started businesses, and they are also rich and have strong connections. So they can do it.

However, some companies simply do not have this resource. If you don't have enough money, the first car you make will definitely not be competitive, the second you won't be able to survive the poor sales days, and the third is not the capital to invest in technology research and development. So how do you succeed?

But why do so many people do it? Because a lot of people want to fish in troubled waters and make a profit. What these people want is the money of the investors, because there is too much hot money in the whole market, and it is pouring into the industry all at once. At the same time, not every investment institution has the opportunity to invest in the current excellent companies, so more startups are needed to digest these funds.

These people know they won't succeed from the start, so all they care about is how much money they can make. So failure is also normal. To put it bluntly, if you can do it steadfastly, whether you can make a lot of money in the end, at least the car will definitely not be too bad.