3 ms·
Apple has enough cash on hand to purchase a major car company outright. I don't think "existing players don't let us in their sandbox" is likely to be a major
by InitialLastName 3y ago
Apple has enough cash on hand to purchase a major car company outright. I don't think "existing players don't let us in their sandbox" is likely to be a major hurdle.
That said, even Tesla spent ~4 years manufacturing and selling a very-low-volume hype car before they attempted to move towards the mass market (and that mass-market product has taken a decade thus far to approach Apple's reputed standard for quality).
- jliptzin 3y agoNo way Apple will touch a 100 year old car company with a 10 foot pole
- freeAgent 3y agoYeah, but they can buy people and everything that follows.
- jahewson 3y agoThat would be debt.
- YetAnotherNick 3y agoGenerally what happens in things like these is that the existing company would continue function as it is, just there will be a new shiny department which has maximum funding and ability to make decisions.