Apple CEO Tim Cook refused to take a meeting years ago to discuss acquiring Tesla, Elon Musk said on Twitter Tuesday.

Tesla CEO Musk said in a tweet that he reached out to Apple during the “darkest days” of development of his company’s Model 3 to talk about a possible a deal. Musk said he planned to discuss the possibility of selling Tesla to Apple for one-tenth of its current value, indicating a valuation of about $60 billion.

Production of the Model 3 began in 2017, around the same time Apple decided to shift from development of a full-fledged Tesla competitor to an underlying self-driving car system. In recent years, Apple has hired a number of ex-Tesla executives who specialize in drive train, car interior and self-driving technology, indicating that the company is once again considering entering the market.

An Apple spokesman didn’t immediately respond to a request for comment.

Apple stock has climbed, while Tesla stock has slipped in response to a Reuters report that Apple is aiming it put a car into production as early as 2024. Apple shares climbed 2.9% to $131.88 on Tuesday.

More must-read tech coverage from Fortune:





Source link

6 Replies to “Elon Musk: Apple refused to discuss $60 billion Tesla acquisition”

  1. ONE DIRECTION IT INSTITUTE is the best outsourcing freelancing training center institute in Uttara, Dhaka, Bangladesh, We are a team of expert freelancers helping students to make successful freelancers. We offer some professional courses like Digital Marketing, Website Design, and development, Graphic Design for freelancing.

    Best outsourcing training center in Uttara
    Best freelancing training center in Uttara
    Top freelancing training center in Uttara
    Top freelancing training center in Uttara
    Computer training center in Uttara

Leave a Reply

Your email address will not be published. Required fields are marked *