Elon Musk: Apple refused to debate Tesla acquisition

Elon Musk: Apple refused to discuss Tesla acquisition

Apple CEO Tim Cook dinner refused to take a gathering years in the past to debate buying Tesla, Elon Musk mentioned on Twitter Tuesday.

Tesla CEO Musk mentioned in a tweet that he reached out to Apple through the “darkest days” of growth of his firm’s Mannequin 3 to speak a few doable a deal. Musk mentioned he deliberate to debate the potential for promoting Tesla to Apple for one-tenth of its present worth, indicating a valuation of about $60 billion.

Manufacturing of the Mannequin 3 started in 2017, across the similar time Apple determined to shift from growth of a full-fledged Tesla competitor to an underlying self-driving automobile system. Lately, Apple has employed plenty of ex-Tesla executives who concentrate on drive practice, automobile inside and self-driving know-how, indicating that the corporate is as soon as once more contemplating coming into the market.

An Apple spokesman didn’t instantly reply to a request for remark.

Apple inventory has climbed, whereas Tesla inventory has slipped in response to a Reuters report that Apple is aiming it put a automobile into manufacturing as early as 2024. Apple shares climbed 2.9% to $131.88 on Tuesday.