Elon Musk is no stranger to putting out shocking tweets. However, every now and then heâ€™ll reveal something thatâ€™s completely out of the blue, such as how Apple CEO Tim Cook refused to even take a meeting with Musk in order to discuss acquiring Tesla.
This supposedly took place back when Tesla was struggling with the development of the Model 3 and was burning through cash fast, reports Bloomberg.
So even though Apple has been busy developing self-driving technology and is yet again looking to launch a fully-electric car, the fact that they could have had Tesla at 1/10 of its current value has to sting on some level.
Teslaâ€™s current market cap is estimated at more than $650 billion, and Apple may have been able to buy it for around $60 billion, had Cook agreed to meet with Musk and discuss terms.
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.
â€” Elon Musk (@elonmusk) December 22, 2020
An Apple spokesman declined to comment on Muskâ€™s tweet, as did Tesla, which was to be expected.
Speaking of Apple, it recently came out that its Project Titan vehicle is back on track for a 2024 reveal. This car is meant to be fully electric (with a new battery design) and will feature advanced self-driving technologies. Still, itâ€™s possible that Apple will ultimately decide against launching a car, and will focus instead on its autonomous driving tech.
Despite Tesla recently claiming the title of worldâ€™s most valuable carmaker, it is still worth less than a third of Appleâ€™s market capitalization.
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