“A new battle is brewing with claims of Tesla Motors gaining the upper hand on Apple Incorporated, in poaching employees,” Mark Reschke writes for TGAAP. “Last year it was rumored that Apple would be investing heavily in Tesla’s upcoming Lithium Ion battery facility in Nevada for a share of the spoils. Evidently the tide has turned and Tesla CEO Elon Musk and Apple CEO Tim Cook can’t stand each other.”
“Here’s an idea,” Reschke writes. “Why doesn’t Tim Cook just reach into his petty cash drawer, buy Tesla and end all of this nonsense?”
“A bit tongue and cheek for sure, but there is actual validity to Apple purchasing Tesla. Apple suffering brain-drain to Tesla can’t continue,” Reschke writes. “Steve Jobs understood the value of top talent, while Steve Ballmer clearly did not. Tim Cook’s latest actions to buy back its former employees from Tesla showcases that Apple clearly understands the value of top talent, but Apple could do much more than just play tit for tat. Apple should simply pull out their trump card and purchase Tesla Motors.”
“Purchasing Tesla would not only give Apple a new level of panache they have never had before, but perhaps most importantly, the acquisition would put Apple in a position to move Musk into their CEO slot when Cook is ready to move on,” Reschke writes. “Acquiring Tesla for Musk would be the number one, long term reason Apple should buy Tesla.”
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