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Tesla's market cap is $33 billion. Apple has $200 billion in cash. Why don't they just buy Tesla? They'll spend more than that trying to recreate all the work T
by omarforgotpwd 10y ago
Tesla's market cap is $33 billion. Apple has $200 billion in cash. Why don't they just buy Tesla? They'll spend more than that trying to recreate all the work Teslas already done. I feel like this would help make the future happen faster.
- btian 10y agoBecause you can't actually buy 100% of Tesla for $33B. Elon Musk owns 20% of shares. Does he want to sell?
- omarforgotpwd 10y agoTesla has been working hard to raise additional capital so they can deliver Model 3. Apple has a lot of capital. Perhaps they could come to an agreement. An acquisition he didn't agree to would probably be unwise since he's so key to the company.
- _ph_ 10y agoI am both a Tesla and an Apple fan, but I really hope this does not happen. We need all the competition in the electric car market we can get. So I want Tesla and Apple to compete who makes the best car. And considering, that Tesla invested perhaps 1-2 billion into the creation of their cars, I don't think that buying Tesla would save Apple any money.