New energy vehicles were an endurance test.
After all, a new product, second only in price to a house, required consumers to be extremely cautious in their selection.
Both Li Xiang, as an entrepreneur, and Lu Liang, an investor, were prepared to sustain losses for at least three years.
Having bid farewell to Li Xiang, Lu Liang murmured to himself on the way to the hotel, "Could it be that the Tesla model is the right one?"
The approach to going public in the United States is quite different from that in Mainland China, where companies need to have proven track records, steady revenue, and even a balance of income before they can list.
By contrast, in the United States, as long as a company can list, it does so immediately, drawing a blueprint for the market, using market funds to develop itself.
