Elon Musk tried to sell Tesla to Apple

Posted on Wednesday, December 23 2020 @ 11:36 CET by Thomas De Maesschalck

Following the new rumors about an Apple car potentially hitting the road in 2024, Elon Musk made some comments about the project on Twitter. In response to a tweet made by Brett Winton, Director of Research at ARKInvest, Musk said he found Apple's battery plans strange.

Where it gets even more interesting is that Musk reveals he tried to sell Tesla to Apple during the "darkest days of the Model 3 program." These days Tesla is trading at sky-high valuations and is flush with cash thanks to several recent capital raises, but a couple of years ago the electric car maker was struggling to make ends meet.

Musk said he reached out to Apple CEO Tim Cook to discuss the possibility of Apple acquiring Tesla -- but Cook wasn't interested in setting up a meeting.

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

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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