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Elon Musk only controls 20% of Tesla shares, the board can force a sell upon him if the other shareholders agree on one. And I'm not sure why Apple would buy a
by kakwa_ 8y ago
Elon Musk only controls 20% of Tesla shares, the board can force a sell upon him if the other shareholders agree on one.
And I'm not sure why Apple would buy a car company, it's too far of their core business (aka selling computers ranging from phone sized to desktop size).
The other car manufacturers are not blind idiots, they are seeing EVs are becoming a thing, but it's also in its early stages. The question for them is when should they start switching their line-up, and that's the difficult decision. Too early, and they end-up with too expensive and less convenient cars compared to IC vehicules, too late and you have basically miss the bus.
- pbreit 8y agoAll three of your paragraphs are incorrect.
- kakwa_ 8y agoThanks, could you develop?
- pbreit 8y agoThat's not how boards work. Force what kind of sell (sale?) on him? Everyone knows Apple is workin on a car. The other car companies have so far looked like blind idiots. How does being early lead to "too expensive and less convenient"?
- imtringued 8y agoMEB will happen in 2020 and then tesla will become irrelevant outside of the luxury car segment.
- Gustomaximus 8y agoApple are working on car tech already. https://www.macrumors.com/roundup/apple-car/ https://www.macrumors.com/roundup/apple-car/ There are loads of companies that could be interested. If only for automated delivery like Walmart, Alibaba, Amazon etc.