After the market closed, the Wall Street Journal posted an article titled "Tesla's mysterious buyer: Has he stopped?".
The article read, "In the past three trading days, a mysterious buyer bought more than 3.7 million shares of Tesla stock.
But after the close today, Buying Pressure disappeared. Has this buyer already bought enough, or is he waiting for a lower price? No one knows.
But one thing is certain - he spent at least more than 1 billion US Dollar to buy Tesla in the past two weeks.
This level of funds cannot be achieved by ordinary Hedge Fund."
Bloomberg columnist Matt Levine wrote in his analysis article that day:
"If this buyer is really 'Era Vanguard', then he may now hold 9% to 10% of the shares of Tesla.
This ratio is just within the disclosure range of 13G.
He doesn't need to tell anyone why he bought Tesla, nor how long he plans to hold it.
All he has to do is file a form at the end of the quarter and say 'I hold this much'. Then, keep silent."
The last paragraph of the article is very interesting:
"'Era Vanguard''s operation on Bitcoin has proven their judgment.
They cleared their positions at 17000 US Dollar, accurately escaping from the top.
Now they buy Tesla at 250 US Dollar. Is it a precise bargain hunting or a flying knife? No one knows.
But one thing is certain - they are betting on something that everyone thinks is impossible:
Tesla will not go bankrupt. Moreover, they are betting big."
March 16, Friday.
Without Era Vanguard's Buying Pressure, the stock price of Tesla fell again under the attack of Short Sellers.
It fell at the opening, 252, 250, 248, 245.
The intraday low hit 242 US Dollar, Trading Volume nearly doubled from the previous day.
Selling orders were pouring in from all directions, as if someone knew that the mysterious buyer had stopped selling, and took advantage of the lack of support to try their best to sell.
Zhao Chen is not watching the market.
He was sitting on the sofa in the hotel, flipping through the news on his phone.
CNBC's headline is "Tesla falls below 245 US Dollar, Short Sellers is partying",
The title of Bloomberg is "Era Vanguard is silent, Tesla has no one to support",
The Wall Street Journal's title is "Tesla's mystery buyer: Has he bought enough?"
In the comment area, someone ridiculed:
"Where is the mysterious buyer? He bought 2 million shares yesterday and ran away today?"
Someone also spoke for the mysterious buyer:
"He bought 8 million shares and spent nearly several billion US Dollar. Do you call this running away?"
Zhao Chen looked at these comments, smiled, and put the phone on the coffee table.
In the afternoon, a new force suddenly appeared in the market.
The stock price of Tesla began to stabilize at the position of 242 US Dollar.
It is not a large purchase, but a wave of small and medium-sized buying orders, like a trickle, continuously pouring in.
Some people say that retail investors are buying the bottom, while others say that institutions are tentatively building positions.
But what really shocked the market was Elon Musk himself.
At two o'clock in the afternoon, Elon Musk sent three messages Twitter.
The first one. "Citron's report is full of incorrect information.
Model 3 Capacity Ramp-Up is proceeding as planned, and the weekly production capacity of Fremont Factory will reach 5,000 units by June.
Those Short Selling Tesla people are betting on the failure of the United States manufacturing industry."
Article 2: "If the stock price continues to fall irrationally, I will personally increase my holdings of Tesla stocks.
I am more confident than ever about the future of our company."
Article 3: "The production capacity problem will be solved.
Cash flow will improve. Tesla will not go bankrupt. Remember this sentence."
Three Twitter posts were forwarded tens of thousands of times within ten minutes.
CNBC's live broadcast immediately cut to this news. The host's voice was obviously excited:
"Elon Musk just stated that if the stock price continues to fall, he will personally increase his holdings in Tesla! This is his most direct response to Citron Research Report!"
The guest responded, "More importantly, he gave a production capacity commitment - 5,000 vehicles per week by June.
If this promise can be fulfilled, Tesla's cash flow problem will be easily solved."
Another guest added, "And did you notice, Elon Musk said 'personal accumulation'.
This means that he is willing to use his own money to support it.
This is not a company buyback, it is his personal money. This signal is more convincing than any Financial Report."
The stock price of Tesla rebounded from 242 US Dollar.
243, 245, 248, 250.
In the last hour before closing, the stock price rushed all the way to 255 US Dollar, and finally closed at 253 US Dollar, rebounding 11 US Dollar from the intraday low.
The amplitude throughout the day exceeded 13 US Dollar. Those retail investors who cut their profits at 242 US Dollar felt regretful when looking at the closing price.
After the market closed, Zhang Qingxue raised his head from the computer, his expression much more relaxed than the previous days.
"Xiao Chen, Elon Musk Today's Twitter is more useful than buying 2 million shares."
Zhao Chen leaned on the sofa and picked up the teacup.
"Of course it works. He is Elon Musk. What he says is more effective than buying stocks for a month."
Su Wantang said softly next to him:
"But do you really believe what he said - production capacity commitments, personal increase in holdings -?"
Zhao Chen thought for a while. "I believe in the production capacity commitment. We will produce 5,000 vehicles per week by June. He said this goal in January, and he has repeated it again now."
If he can't do that, his credit will be completely ruined. Elon Musk This person has many problems, but he doesn't make fun of his credit."
He paused and then said, "As for personal increase in holdings - that's just a propaganda. He doesn't have that much cash in hand right now, and he can't buy much if he really wants to increase his holdings.
But he doesn't need to actually buy. He just needs to make the market believe that he will buy. Confidence is sometimes more effective than money."
Su Wantang nodded and did not ask any more questions.
At eight o'clock in the evening, Zhao Chen was packing his luggage in the room - the day after tomorrow is Sunday.
They have a day trip tomorrow and they have booked a flight back to Shan City the day after tomorrow--the phone rang.
It's Lin Shicheng.
"Mr. Zhao," Lin Shicheng's voice contained a subtle hint of excitement,
"There is something I need to report to you."
Zhao Chen put down the clothes in his hands. "What's the matter?"
Lin Shicheng said, "Mr. Elon Musk contacted me through an intermediary. He wants to see you."
Zhao Chen's fingers paused on the table for a moment.
Lin Shicheng continued, "He found me through Michael Chen of Goldman Sachs.
He said that he was very interested in 'Era Vanguard' and wanted to meet the people behind the scenes.
It's up to you to watch the time."
Zhao Chen was silent for two seconds. "He knows my identity?"
Lin Shicheng said, "I don't know, he came here through Era Vanguard's seat.
With his resources and intelligence network, it should not be difficult to find out that the account of 'Era Vanguard' is operated by New York.
He may not know who you are, but he knows that the person at 'Era Vanguard' will definitely be able to contact you."
Zhao Chen leaned back on the chair and thought for a while.
Elon Musk wants to see him.
The founder of Tesla, the craziest entrepreneur of Silicon Valley, the one who scolded Short Sellers on Twitter, smoked marijuana in the live broadcast, and said he would send mankind to Mars.
He wanted to see this person before leaving New York.
"Okay." Zhao Chen said, "What time will it be tomorrow?"
Lin Shicheng said, "Any time is convenient for you."
Zhao Chen thought for a while. "Let's do it tomorrow afternoon. At two o'clock in the afternoon. You can decide the location, somewhere quieter."
Lin Shicheng said, "Okay. I will arrange it. I will send you the address after the order is made."
The phone hung up.
Zhao Chen stood in front of the window, looking at the night view of Manhattan.
The spire of Empire State Building is lit with white lights, and Hudson River in the distance is shining in the night.
He suddenly laughed.
Tomorrow he will meet Elon Musk, the world-famous Silicon Valley Iron Man.