In 2013, Apple put in a bid to buy Tesla for $240 a share, Roth Capital Partners Analyst Craig Irwin says. 'Apple bid for Tesla. I don’t know if it got to a formal paperwork stage, but I know from multiple different sources that this was very credible.”
If the two companies were to combine, it would be by far Apple's largest acquisition ever and one of the biggest in the history of the technology industry. Tesla's current market cap is about $36 billion. The most Apple has ever paid is $3 billion for Beats Electronics in 2014.
For a deal to take place Apple would face the question of what to do with the outspoken Musk and his tendency to gain attention for many of the wrong reasons, whether it's tweeting out material nonpublic information or smoking weed on a podcast. "Regarding the acquisition: my understanding is Apple wanted Elon Musk to step away, and that was a deal killer," Irwin said in the email.
Correction: In August, Tesla CEO Elon Musk said he had "funding secured" to take the company private at $420 a share. An earlier version mischaracterized his statement.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Tesla Investor T. Rowe Sells Most of Its Shares in Car MakerT. Rowe Price Associates sold roughly 81% of its shares in Tesla over the first three months of 2019. For years, it had been one of the electric-car maker’s biggest investors.
और पढो »
Tesla's New York solar factory making other products in bid to boost jobsTesla Inc on Wednesday said its solar factory in Buffalo, New York, would become...
और पढो »
Tesla shares tumble on Musk’s call for ‘hardcore’ review and Autopilot crash concernsTesla Inc. shares sank after Elon Musk called for a review of all the electric-car maker’s expenses.
और पढो »
Morgan Stanley piles pressure on Tesla with $10 worst case callShares of Tesla Inc were on track for a fifth straight session of losses on Tues...
और पढो »
Auto analysts worry Tesla fires could dampen electric car sales as industry ramps up EV productionReports of Tesla vehicles spontaneously catching fire could make customers wary of EVs just as the industry ramps up production plans.
और पढो »
Musk to review all of Tesla's expenses in new cost cutting planTesla Inc Chief Executive Officer Elon Musk told employees on Thursday that he w...
और पढो »
Read the email Elon Musk sent to Tesla employees calling for 'hardcore' control of expensesThe memo says that $2 billion in fresh funding would only cover 10 months of business at the company's first quarter burn rate.
और पढो »
Tesla shares plunge after report says its Autopilot system was engaged during a fatal crashTesla shares fell to their lowest since January 2017, after the NTSB said the company's Autopilot system was engaged during a fatal crash.
और पढो »
Soros Fund Management increases stake in Tesla convertible bonds: filingsBillionaire George Soros' investment firm, Soros Fund Management Llc, raise...
और पढो »
Tesla to update battery software following car firesTesla to update battery software after two recent fires involving its ModelS electric vehicles in Shanghai and Hong Kong
और पढो »