Elon Musk has revealed that he approached Tim Cook to see whether Apple was interested in buying Tesla, but the Apple CEO refused to take his meeting. Musk said he approached Cook when the company was in serious financial trouble, and worth one tenth of its current value. 'During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquiring Tesla (for 1/10 of our current value),' he tweeted on Tuesday. Musk, CEO of Tesla, said Tuesday he had once approached Apple about buying his companyTim Cook, the CEO of Apple, did not meet Musk and Tesla is now worth ten times what it wasApple have not commented on Musk's claim. Hal Eddins, chief economist at Apple shareholder Capital Investment Counsel, said Apple has a history of higher margins than most automakers.

Source: Daily Mail December 22, 2020 23:08 UTC