Apple stays mum on Elon Musk claim of spurned approach to sell Tesla - News Summed Up

Apple stays mum on Elon Musk claim of spurned approach to sell Tesla


Apple Chief Executive Tim Cook speaks at the Apple Worldwide Developers Conference in San Jose, Calif. In a tweet Tuesday, Tesla CEO Elon Musk said he once considered selling the electric car maker to Apple, but Cook blew off the meetingTesla Chief Executive Elon Musk says he once considered selling the electric car maker to Apple, but the iPhone maker’s CEO blew off the meeting. In a tweet Tuesday, Musk said he reached out to Apple CEO Tim Cook “to discuss the possibility of Apple acquiring Tesla (for one-tenth of our current value). He refused to take the meeting.”Tesla’s market value is US$616 billion, as of the close of trading Tuesday. On Tuesday, Musk also made remarks about lithium iron phosphate batteries that Apple is reportedly developing for use in vehicles, per a Reuters report on Monday.


Source: The Standard December 23, 2020 09:22 UTC



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