Elon Musk Tried to Sell Tesla to Apple
Over the years, speculation about Apple (NASDAQ: AAPL) acquiring Tesla (NASDAQ: TSLA) has swirled periodically. Perhaps the most notable instance was when reports surfaced in 2014 that Tesla CEO Elon Musk had met with Apple's chief of mergers and acquisitions (M&A), Adrian Perica. That also just happens to be the time frame when Apple started Project Titan, its electric vehicle program that has seen renewed investor interest following a recent Reuters report that the Mac maker is targeting a launch by 2024 or 2025.
It turns out that Musk did indeed try to put together a sale to Apple, but it was much more recently.
Tesla kicked off Model 3 deliveries at an event in mid-2017. Image source: Tesla.
Source Fool.com