“It’s been a while since the idea of Apple’s intention to purchase Tesla Motors started circulating in the corporate world,” Bilal Liaqat writes for Seeking Alpha. “The rumor sprang out of the supposed ‘secret’ meeting between Tesla’s CEO, Elon Musk, and Apple’s head of mergers and acquisition, Adrian Perica, last spring. It must have gained strength from Adnaan Ahmad’s open letter to Perica and Apple’s CEO, Tim Cook, in which he suggested that Apple Inc. should try to buy Tesla Motors.”
“However, talks between two major tech companies do not necessarily mean that one is looking to buy the other – there are a lot of other, more likely possibilities,” Liaqat writes. “Most people seem to be centered on the idea of Tesla benefiting from Apple through a merger or technological borrowing, but, with Tesla’s Gigafactory on the way, it is possible that, contrary to popular belief, Apple, and not Tesla, could be on the gaining end. The $5 billion Gigafactory would look to produce enough battery packs to power as much as 500,000 electric cars yearly by the year 2020 – and it is a possibility that it could produce batteries to power other gadgets too.”
Read more in the full article here.
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