• Tesla's Elon Musk Confirms Talks with Apple, Deems an Acquisition as "Very Unlikely"

    Tesla CEO Elon Musk recently confirmed that he had met with Apple and while not giving away what was discussed, did mention an acquisition by the company is “very unlikely” in the short term. Rumors of a possible Apple-Tesla partnership swirled earlier this week when a report claimed apple’s mergers and acquisitions chief Adrian Perica held a secret meeting with Musk last spring.

    In a live interview with Bloomberg, Musk revealed he indeed talked with Apple but wouldn’t confirm the contact as Perica and also refused to say whether the discussions had anything to do with a possible acquisition. Speculation as to what the two companies discussed have ranged from deeper OS integration to battery technology, with the latter being an area in which Tesla excels.

    Musk also hinted that Tesla may have been approached by more than one company last year saying:

    If one or more companies had approached us last year about such things, there’s no way we could really comment on that.
    When asked if he would be willing to sell Tesla, Musk at first seemed staunchly against the idea. He had the following to say about the matter:

    I think that's very unlikely. When you stay super focused on achieving a compelling...creating a compelling mass-market electric car, I'd be very concerned in any kind acquisition scenario — whoever it is — that we'd become distracted from that task which has always been the driving goal of Tesla.
    When pressed further, Musk said he would not rule out acquisition talks if it furthered Tesla’s goal to bring affordable compelling electric cars to the masses. However, Musk doesn’t see such discussions happening anytime soon. He had the following to say regarding the matter:

    I don't currently see any scenario that would improve that probability. So that's why I think it's very unlikely.
    Source: Bloomberg
    This article was originally published in forum thread: Tesla's Elon Musk Confirms Talks with Apple, Deems an Acquisition as "Very Unlikely" started by Akshay Masand View original post
    Comments 1 Comment
    1. quidam_brujah's Avatar
      quidam_brujah -
      But it would be nice if there was just one car out there with electronics and computer systems that would integrate nicely with the Apple products instead of the cluster-f that we have now around the industry.
  • Connect With Us

  • Twitter Box

  • Facebook