Tesla and Apple Rumors Continue to Swirl

    February 18, 2014
    Brian Powell
    Comments are off for this post.

On Sunday, the San Francisco Chronicle released an article which has shaken the core of the internet and tech world. According to an anonymous source, Adrian Perica, Apple’s merger and acquisitions chief, and Elon Musk, CEO of Tesla, held a secret meeting in Cupertino, CA last spring. Unfortunately, both Apple and Tesla have declined to comment on such a meeting. Thus, let the internet come ablaze with wild rumors and speculations.

While the meeting has not been corroborated by either company, there are many good reasons to believe that such a meeting would have been held. The supposed meeting between technological giants came after much pressure from business analysts for the two companies to join forces. Berenberg analyst Adnaan Ahmad even went as far as writing an open letter to Apple CEO Tim Cook explaining why Apple’s acquisition of Tesla would be the best step for Apple to take for its future stating:

“The auto industry is going through a technological discontinuity in its shift to hybrid and electric vehicles. This is still in its very early innings. Apple needs know-how (technology, platform strategy and dealer network) in this space and hence I propose that you should buy Tesla. I know this is radical and potentially “transformative” but this would radically alter Apple’s growth profile… From a US national policy perspective, Apple could re-ignite the US auto industry and give it a competitive edge versus the current Asian and European leaders, similar to what you have done in the smartphone and wireless space where the US is now at the forefront of technological leadership after having been a laggard for over two decades. And finally, in Elon Musk, you could strike up a partnership and obtain a new iconic partner to lead Apple’s innovation drive.”

Despite all of the sense derived from this letter and other facts (such as the fact that Steve Jobs expressed his wishes to build a car before his death), Apple completely acquiring Tesla is most likely not going to happen. Apple is struggling enough to keep its own products at the top of the market, and Elon Musk has publicly voiced his intent to keep Tesla in his possession forever:

What is more likely, however, is that the closed-door meeting was held to discuss Tesla’s progress on its proposed “Gigafactory” – a battery factory which would double global gigawatt battery output. Coincidentally, the company would produce the same exact batteries that Apple currently uses in its devices.

So, while a Tesla-Apple merger sounds tempting, the US is not likely to see an iTesla anytime soon. Instead, one is more likely to express much frustration at trying to charge one’s Tesla Model S with a lightning cable.

Image via YouTube

  • Jim

    Tesla + Apple = Frapple [baked wrapped apple] = Crapple

    Both Apple and Tesla have spyware that make it possible for them to
    track and spy on customers user habits. Big brother type of stuff.

    Tesla manufactures more excuses, then cars. lol

    How is it a “secret meeting” when there are dozens of articles posted on
    this “secret meeting” that seem more like advertising than news?

    Should companies that manufacture defective products that catch fire & EXPLODE, the best choice to start manufacturing medical devices? lol

    There has been at least five significant Tesla related fires. Tesla has been dragging its feet on safety and the recall.

    The most recent Tesla garage fire to hit the news was in Toronto. The car supposedly wasn’t even plugged in, so the charging system isn’t likely to be a source. I’m hoping to hear reports from the fire departments investigation, because I don’t trust Tesla’s “fire investigations”, which seem more like coverups.

    There has been at least five Tesla fires. Two Teslas caught on fire after only running over road debris. One Tesla caught on fire and EXPLODED after being in an accident in Mexico. There was a Tesla fire in a California garage, that the Tesla charger connection was ruled as a possible source of the fire by the fire department. Recently there was a Tesla garage fire in Toronto, that so far I haven’t heard the fire department give a ruling. Arguably there has been scores, possibly hundreds of minor Tesla fires. There has been a plethora of Tesla charge connectors that have overheated, melted and burned. Though many Tesla shills will argue that they are not fire. Categorically and scientifically they are often classified as fire. Rapid oxidation or rapid decomposition is often classified as fire. Like the metaphor; where there is smoke, there is fire.

    A few months ago there was a Tesla related garage fire in California that the fire department ruled that the Tesla charging system was a possible source of the fire. The suspect portion of the Tesla charging system that the fire department in California determined was a possible source of the California garage fire, is also suspected in many other Tesla charger reported cases that Tesla charge connections have overheated, melted and burned. Tesla issued a software “fix”, however Tesla charge connectors have continued to overheat, melt and burn despite the so-called “fix”.

    The Tesla model S. still has defects that make it a fire hazard. Tesla charger connections are still overheating, melting and burning. Tesla batteries are poorly located and poorly protected.

    On 1/9/2014 Elon Musk said that replacement adapters that are part of the recall would be mailed out within two weeks. A month later Tesla customers have still not received the replacement adapters that are part of the Tesla model S. recall.

    Several people have been injured by faulty Tesla charge connectors. Tesla is big on making promises and hype, but short on delivery. Tesla needs to start making safety a top priority. Tesla needs to stop playing blame games and games with semantics. Tesla needs to stop lying. Tesla needs to be proactive instead of reactive. Tesla is being a follower of technology, rather than a leader. Tesla is a greedy corporation that has a disregard for safety. The Tesla model S. is an E-Pinto.

  • Reaper

    I guess they are going to produce a new version of the easy bake oven πŸ˜‰

  • Michael Hobart

    The weird, wild world of Apple rumors is always amazing and entertaining. There is probably a salt shortage in the northeast (and in Sochi for that matter) because of all of the grains of salt being used when listening to Apple rumors :-)

  • Brooklyn Bum

    oh this was just someone releasing the rumor into TSLA earnings. you know, nothing like playing the muppets like the pawns they are. someone needed to reduce their position before earnings because they hit an all time high and thought it would be a good time ti scale back, so voila, a year ago meeting is dredged up.