Apple certainly has a lot of cash stockpiled, and according to a recent rumor, Apple may be considering buying Tesla, the rumors started when it was discovered that Apple and Tesla have been holding secret meetings.
Tesla has seen massive growth over the last twelve months, and selling the company to Apple wouldn’t exactly be the best move for this EV car company or Elon Musk, as Tesla is expected to grow significantly over the next few years.
Apple’s purchase of Tesla would be a great move for Apple, they certainly have enough cash to buy Elon Musk’s EV companu if they wanted to, and it would allow them into another market.
The two companies could also be in talks with regards to some sort of partnership, rather than an acquisition, and there is speculation that Apple and Tesla could be working together on a new battery factory.
It will be interesting to find out exactly what these secret meetings between Tesla and Apple were about, as soon as we get some more details we will let you guys know.
Source Digital Trends
Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn more.