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Elon Musk tried to sell Tesla to Apple but Tim Cook wasn’t interested

by admin
December 23, 2020
in Auto
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Elon Musk tried to sell Tesla to Apple but Tim Cook wasn’t interested
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Recently, Elon Musk, CEO of Tesla, has commented on the recent news that Apple has not abandoned its electric car program and is continuing with its plans to build an autonomous vehicle,

In his comment, Musk explained that in “the darkest days” of Model 3 scale production, he approached Tim Cook to raise the possibility of Apple acquiring Tesla.

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Musk says Cook refused to agree to the meeting, meaning he was not interested in a potential purchase.

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Musk’s tweet does not clarify when that request occurred, although, given the information about the production of the Tesla Model 3, it is likely that it occurred between 2017 and 2019.

As for Musk’s proposed asking price, one-tenth of Tesla’s current market capitalization is about $ 60 billion, which is not too far behind the company’s public value last year, before it reached stratospheric heights in the last months.

During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquiring Tesla (for 1/10 of our current value). He refused to take the meeting.

— Elon Musk (@elonmusk) December 22, 2020

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