Because he owes so much money, even if he builds a car, no one would dare to buy it! After all, the boss's personality has collapsed. Besides, he is a LeTV guy who doesn’t have any good technical advantages in making cars. How can he compete with others who specialize in making cars?
The most important thing is that LeTV is now seriously short of money. Employees within the company cannot be paid wages and cannot pay five social insurances and one housing fund. Failure to pay these two items has become a taboo in the workplace. What's more, not only does he have money internally, but he also owes a lot of debt externally. For example, it owed suppliers tens of billions in payment, embezzled public funds, and the most ridiculous thing was that the Football Association was chasing after them for 10 million.
News and scandals about Jia Yueting broke out all of a sudden. Some of the suppliers who are in arrears are small businesses, some are owed for several months, and some are owed for more than a year. So at that time, many suppliers had no choice but to go to the LeTV building to ask for payment. Still haven't recovered the money that belongs to me. So even if Jia Yueting really builds a car, with his reputation now, will anyone still believe in his quality? Because he owed too much and had too many financial holes.
Now that Jia Yueting’s funds have been frozen, the properties under his husband’s name have also been frozen, and there are many internal and external debt collectors, so he simply cannot spare
the funds to build a car, let alone Needless to say, he went to the bank for a loan. Now he has been included in the bank's list of dishonest persons and is called a Lao Lai.
The automobile industry is also a serious money-burning industry. With his current situation, many of LeTV's suppliers have been deceived by him and owe large sums of money. The supplier of auto parts will probably not let him use it first even if it is beaten to death. After all, other suppliers have already suffered first. So he has a long way to go to make a comeback.