Quick Answer: Does Apple Buy Tesla?

Apple reportedly offered to buy Tesla for more than it is worth today in 2013, but a demand for boss Elon Musk to be left out of the acquisition thwarted the deal.

The claim came from Roth Capital Partners analyst Craig Irwin, who told CNBC: “Around 2013, there was a serious bid from Apple at around $240 a share.”

What if Apple bought Tesla?

Apple reportedly offered to buy Tesla for more than it is worth today in 2013, but a demand for boss Elon Musk to be left out of the acquisition thwarted the deal. The claim came from Roth Capital Partners analyst Craig Irwin, who told CNBC: “Around 2013, there was a serious bid from Apple at around $240 a share.”

Who tried buying Tesla?

Apple Inc. quietly explored buying Tesla Inc. in 2013 for $240 per share, but the deal fell apart after the Cupertino-based company insisted that Tesla CEO Elon Musk step away from day-to-day operations, Roth Capital Partners analyst Craig Irwin told CNBC.

Is Tesla stock a buy now?

Tesla stock is currently not a buy, but it could be in the early stages of creating a new buy point. At current levels, Tesla stock is still at risk of a pullback and it’s not a good time to buy shares with the market in a correction.

What would happen if Apple bought Tesla?

If Apple bought Tesla, the carmaker’s growth would be piped into Apple shares, and Tesla investors would certainly get a premium for their holdings, as Apple can afford to overpay.

Is Apple going to buy Tesla?

Apple bid for Tesla. According to Macrotrends LLC, for most of 2013, Tesla had about 119 million shares outstanding; today, it has about 173 million. So, the 2013 Apple offer would have valued Tesla at about $28.5 billion, while today’s market cap is about $35.3 billion.

Is Tesla a takeover target?

(AMZN) is now predicting that troubled electric carmaker Tesla Inc. (TSLA) will become an acquisition target in the near future. NYU professor Scott Galloway expects shares of the Silicon Valley car company to plunge by 50% in the next year, making it prey to a takeover by a competitor such as Toyota Motor Corp.