Apple Tried to Buy Tesla the Company, Not the Car, for More Than It’s Worth Today

Apple supposedly attempted to buy Tesla back in 2013, for more than it’s worth today. At the current (at time of writing) $204 per stock, Apple’s $230 per stock offering was quite generous.

Today, Craig Irwin, senior research analyst at Roth Capital Partners, went on CNBC and talked about the bid:

“Around 2013, there was a serious bid from Apple at around $240 a share[…] […]This is something we did multiple checks on. I have complete confidence that this is accurate. Apple bid for Tesla. I don’t know if it got to a formal paperwork stage, but I know from multiple different sources that this was very credible.”

Mr Itwin was not able to disclose the sources of this claim but guaranteed they were “very credible.”

According to the analyst, Apple could still be interested in purchasing the electric-carmaker, especially since Tesla’s stock has fallen drastically in the past months making it an easier purchase.

Mr Irwin notes that Apple’s project Titan, which is developing an autonomous electric vehicle, is still ongoing and the technology from Tesla could help it see the light of the day quicker and better. Apple has already hired Tesla executives in the past, making the whole buyout quite a likely outcome.


What are your thoughts on this? Do you think Apple buying Tesla is a good idea? Let us know in the comments below.