What a hoot.
Ok. Not Icahn. But it's still a hoot.
Because Apple will likely only fall on its own, while Tesla will grow..
Why screw up a perfectly good car company by introducing too much attitude?
Oh, hell no!
Hey, it might improve the iPhone integration.
I got to tell you, I think this is really interesting. I did see Elon Musk at the Apple announcement last week and he was in the audience. No one in the media mentioned it but he was clearly sitting there.
Tesla still needs to prove itself before it becomes an attractive acquisition, but the two most likely suitors would be Apple and Google. While I am a die-hard Apple fan and a lifelong customer, I don't see Apple to be as good a fit as Google. Apple is very focused on what it wants to do, while Google is experimenting with a lot of different technologies that are not necessarily going to market anytime soon. Google's research into autonomous driving vehicles seems like a perfect fit with Tesla's goals for Gen 3. I wouldn't be surprised if Tesla ended up licensing some form of this technology. Musk hinted at future Chrome/Android integration but said nothing about iOS. I think the writing is on the wall.
Tesla would be a tough acquisition for anyone with its current valuation.
Please, Apple! Keep your hands off our Teslas! I don't like your products and I sure as hell don't like your attitude! :-)
I strongly suspect Tesla has a poison pill provision in their bylaws. I doubt Elon would let just anyone buy Tesla.
NOOOO please IOS 7 update will be terrible for my MS
I thought Google was buying Tesla?
I think Elon is way too smart to be acquired by Apple. I know some people like Apple but they hamstring what you can do on their closed system. Once they come out with a product looke the phone that was a great innovation they sit on their laurels while they get pased by Android.
So H..l no. :)
I am a total Tesla fan and love my MS, the company, the future and Elon's leadership. But the Apple purchase/merger could mean an extra billion. What would that do to the timeline of new products, SC's? The article clearly stated the Apple's markets are maturing and do not have the capacity for growth. Tesla's pioneer position in the revolutionary EV market would be a big plus for them. Interesting thought, but, I think Elon is doing just fine and the future is exciting.
@Amped, google seems to kill off a lot of products, even popular ones (reader), or buy the company and do nothing (google voice).
Unless if Tim Cooke gives up the CEO position and let Elon to run the whole company.
Apple would be smart to pursue Tesla, but Elon, wisely, won't go for it.
Money is not the key ingredient now, execution is. For the event horizon, a hungry, independent Tesla is the smarter play.
In the not so distant future the conversation may instead turn to "Who will Tesla buy?"
I wish Apple would get their hands on a few Tesla software items. I love my Tesla but Apple would make the browser, the media app and other functions so much better.
Nobody does it like Apple: except Samsung a few years later when they copy every little code from the greatest company in the world.
I still can't believe it that Tesla didn't pay for the iPod to be compatible with my car.
He could always secure a cheap loan from them if he has good relations with the management since Apple is loaded and isn't doing anything meaningful with its pile of cash. Maybe it could be a small investor. Markets would love it since they would assume Apple would start investing its cash and also diversifying a bit since at its core, Apple has peaked or is very close to it.
Tesla should buy either Jaguar or Mazda and no one should buy Tesla as they are one step ahead.
Why on earth buy Jaguar?? Tesla already has the design and in terms of tech, Jaguar has nothing to offer. And I can't quite tell which element of Mazda you feel would be useful? Some Mazdas certainly are very reliable but not in the range of cars Tesla makes. Maybe some quality control and approaches for the Gen III but might as well hire a QC guy from Mazda for that.
Icahn thinks Apple should buy its own stock to reduce the float, and raise the price back up. Nothing to do with TM.
The good part would be that there is close to noone on the planet who can optimize the supply chain as good as Tim Cook. The last few years Apple huge success in sales numbers and margin is all the work of Tim Cook and his intelligent supply management. So from that perspective it would be excellent if Apple became a major holder of Tesla and would share the know how.
Apple seems to polarize a conversation almost as well as politics. The software guys are on one side and everyone else is on the other :)
I mentioned exactly that a few times. Apple polarizes, essentially slicing potential Tesla's market in half at best.
As far as Tim Cook and supply chains, I assume it is mainly Foxconn's supply chain abilities that count but they also come at a known cost..
Not exactly a good thing to tie Tesla to by any means.
Apple could also invest some of its $150 B stockpile in Tesla without actually buying the whole company. A $1 B investment in Tesla by Apple would reflect less than 1% of Apple's cash pile. A billion dollars would be a game changer for Tesla and the world.
Elon wants to see his vision through to the end. He won't risk anyone gaining enough shares to put that at risk. He doesn't want to be married to any one technology either or create obligations to do so. Some things are worth more than easy money.
Personally, I live in an Apple quarantine zone. Literally and figuratively. Their products just don't work for me.
The list of things that I do not like about them is quite long, but that is just between me and my dollars.
I think it would be interesting if you could have optionality with the interface. Since the car is built on order, it would be nice to have the option to build with an iOS or Android platform based on customer preference.
Lunacy. The only thing Apple and Tesla has in common is that they both have a touch screen. It makes just as much sense as saying McDonalds should buy Tesla because McDonalds has drive-thrus and Teslas go through drive-thrus.
Apple does not make stuff. Yes, it designs it, but its not a manufacturing company, instead letting other companies build many of their goods.
Tesla is heavy industry. Rather than be acquired, it's easier for Tesla just to poach the Apple talent it needs. Icahn has his own agenda regarding Apple stock value.
@Car t man | OCTOBER 29, 2013: As far as Tim Cook and supply chains, I assume it is mainly Foxconn's supply chain abilities that count but they also come at a known cost..
Do you think that Apple designs a product and then hands the design to Foxconn and says, "It's your problem to source and build it"? As you know, there is a lot that happens behind the scenes before a product goes into manufacturing. In that regard, Apple could provide great assistance in sourcing parts and setting up production facilities for Tesla.