Do I believe Apple is going to buy Tesla?
And leave me driving an iCar?
In a word, no.
In two words, no way.
Though I'm not at all sure it would be a bad idea for Apple to diversify in this way, I just can't see Tim Cook making that bold a move. Plus, Tesla's stock price is so high right now that Apple would be paying a huge premium for the company relative to its income (as all Tesla shareholders are).
Having said all that, I wouldn't be surprised if Tesla and Apple were to partner on battery production and/or technology efforts.
Just don't expect them to become one company.
Disclosure: I own both Apple and Tesla stock, and I own some Apple products and a Tesla Model S P85+. I have zero insider information about either company.
2 comments:
Definitely battery programs, which I think will be of benefit to everyone.
I agree that such a partnership would be lovely.
Post a Comment