Either you need to raise enough money to buy the competitor, or you need to convince the competitor of what constitutes a fair merger. Tesla is overvalued, but

Either you need to raise enough money to buy the competitor, or you need to convince the competitor of what constitutes a fair merger. Tesla is overvalued, but either we start producing our fuel with electricity or ICE vehicles are doomed - once the price is right. Other vehicle makers will at very least be interested in diversifying - if not going full electric. Tesla has done lesser deals with other manufacturers before - as stated by the article - so a full on merger cannot be assumed to be the only thing on the table. Other desirable agreements might be for things like access to technology (e.g.: batteries) or licenses for Tesla technology - although the former will be dictated largely by the relative production rates (and ramp rates) for the different pieces of all the Tesla pies. Does anyone know how invasive the hardware for Tesla's self driving is?