Apple Inc. Chief Executive Officer Tim Cook refused to take a meeting years ago to discuss acquiringTesla Inc., Elon Musk said on 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 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.
In 2017, Tesla burned cash as it ramped up output of its mass-market Model 3 electric vehicle. Musk told employees then at the company’s Fremont, California, plant that itfaced a period of “production hell” for six months or longer. Weeks after making that statement, he tweeted about sleeping on the roof of the factory as he tried to resolve bottlenecks.
Replying to @elonmusk and @wintonARKDuring 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.9:46 PM · Dec 22, 2020
6.1K people are Tweeting about this