{"id":140073,"date":"2020-12-23T11:35:46","date_gmt":"2020-12-23T08:35:46","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/apple-ceo-didnt-take-meeting-about-buying-tesla\/"},"modified":"2020-12-23T11:35:46","modified_gmt":"2020-12-23T08:35:46","slug":"apple-ceo-didnt-take-meeting-about-buying-tesla","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/apple-ceo-didnt-take-meeting-about-buying-tesla\/","title":{"rendered":"#Apple CEO didn’t take meeting about buying Tesla"},"content":{"rendered":"

“#App<\/a>le CEO didn’t take meeting about buying Tesla<\/strong>”<\/p>\n

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\"Musk:
\n In this Tuesday, Dec. 1, 2020, file photo, SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer media<\/a> award, in Berlin. In a tweet Tuesday, Dec. 22, 2020, Musk said he once considered selling the electric car maker to Apple, but the iPhone maker’s CEO Tim Cook blew off the meeting. (Hannibal Hanschke\/Pool Photo via AP, File)
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Tesla CEO Elon Musk says he once considered selling the electric car maker to Apple, but the iPhone maker’s CEO blew off the meeting.<\/p>\n

In a tweet Tuesday, Musk said he reached out to Apple CEO Tim Cook “to discuss the possibility of Apple acquiring Tesla (for one-tenth of our current value). He refused to take the meeting.”<\/p>\n

Tesla’s market value is $616 billion, as of the close of trading Tuesday. One-tenth of that is $61.6 billion.<\/p>\n

Musk said he sought out the meeting with Cook “during the darkest days of the Model 3 program,” a reference to Tesla’s first electric car designed for the mass market. As recently as 2018, Tesla was struggling to meet its vehicle production goals and turn a profit.<\/p>\n

Tesla’s fortunes have changed since then. The automaker is finally making money on a consistent basis after years of losses and continues to hit milestones for deliveries of its vehicles. Its shares have soared 665% this year alone, making it the world’s most valuable automaker and among the top 10 biggest U.S. companies in the S&P 500 index, which Tesla entered on Monday.<\/p>\n

Musk’s tweet followed published reports suggesting Apple is working on developing its own electric cars.<\/p>\n

Apple declined to comment.<\/p>\n

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\"Musk:
\n In this June 3, 2019, file photo, Apple CEO Tim Cook speaks at the Apple Worldwide Developers Conference in San Jose, Calif. In a tweet Tuesday, Dec. 22, 2020, Tesla CEO Elon Musk said he once considered selling the electric car maker to Apple, but Cook blew off the meeting. (AP Photo\/Jeff Chiu, File)
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Tesla will be added to the benchmark S&P 500 index Dec. 21\n <\/p><\/div>\n

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\n \u00a9 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.\n <\/p>\n

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Citation<\/strong>:
\n Musk: Apple CEO didn’t take meeting about buying Tesla (2020, December 23)
\n retrieved 23 December 2020
\n from https:\/\/techxplore.com\/news<\/a>\/2020-12-musk-apple-ceo-didnt-tesla.html<\/p>\n

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\n part may be reproduced without the written permission. The content is provided for information purposes only.<\/p><\/div>\n<\/p><\/div>\n