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Apple buying Tesla would be a gigantic waste of money. Ben Thompson has explained why in a couple good Stratechery posts, but the tl;dr is, a large percentage o
by Analemma_ 9y ago
Apple buying Tesla would be a gigantic waste of money. Ben Thompson has explained why in a couple good Stratechery posts, but the tl;dr is, a large percentage of Tesla's valuation is goodwill (its reputation and "coolness factor"), and Apple already has plenty of that, so all the money Apple spent for that piece of Tesla's value would be pure waste. And that's before you get into the fact that huge acquisitions, where the acquired company is in a totally different sector than the buyer, almost never work.
- fooker 9y agoBoth Apple and Tesla sell luxury electronics. The difference is in just in the size and the number of moving parts.