Tesla CEO confirms talks with Apple, acquisition now ‘very unlikely’

2013-Tesla-Model-SSpeaking to Bloomberg Television in a video interview, Tesla CEO Elon Musk confirmed that he met with Apple and “had conversations” last year, but would not discuss any details about the meeting.Musk refused to comment on whether the discussions mentioned a potential acquisition, but did confirm that an acquisition of Tesla is “very unlikely” at this time.

If one or more companies had approached us last year about such things there’s no way we could really comment on that. We had conversations with Apple, I can’t comment on whether those revolved around any kind of acquisition.

Rumors of a Tesla acquisition surfaced this weekend when a San Francisco Chronicle report claimed Apple’s head of acquisitions, Adrian Perica, met with Tesla CEO Elon Musk. The meeting took place in early 2013, with reports of the meeting only surfacing one year later. Subsequent follow-up reports dispelled the idea of an acquisition, instead claiming the meeting was about integrating Apple technology, like iOS in the Car, into the company’s electric car models.

Apple may also be in talks with Tesla about a lithium-ion battery plant the car maker is building. Musk said the plant “the biggest battery plant in the world by far and we’ll do it in partnership with some other companies.” Apple relies on lithium-ion batteries for its mobile and notebook products and, consequently, would have a vested interest in such a plant. Additional details about this lithium-ion plant are expected to be unveiled soon.

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