Tesla chief govt Elon Musk. (File characterize)
SAN FRANCISCO: Tesla CEO
says he as soon as regarded as selling the electric vehicle maker to Apple, nonetheless the iPhone maker’s CEO blew off the meeting.
In a tweet on Tuesday, Musk said he reached out to
Tim Put collectively dinner “to insist about the attainable of Apple acquiring Tesla (for one-tenth of our recent worth). He refused to decide the meeting.”
Tesla’s market worth is $616 billion, as of the close of trading Tuesday. One-tenth of that is $61.6 billion.
Musk said he sought out the meeting with Put collectively dinner “at some level of the darkest days of the Model 3 program,” a reference to Tesla’s first electric vehicle designed for the mass market.
As currently as 2018, Tesla became struggling to meet its vehicle manufacturing objectives and flip a income.
Tesla’s fortunes beget changed since then. The automaker is lastly being profitable on a consistent basis after years of losses and continues to hit milestones for deliveries of its autos.
Its shares beget soared 665 per cent this year by myself, making it the area’s most critical automaker and among the end 10 largest US firms in the S&P 500 index, which Tesla entered on Monday.
Musk’s tweet followed printed reviews suggesting Apple is engaged on setting up its beget electric autos. Apple declined to articulate.