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Never spoke to Elon on buying his 'failed' Tesla car biz
in 2017: Tim Cook
Musk in December last year tweeted that he offered Cook to sell his electric car company at one-tenth of
its value during the struggling period in 2017 but the Apple CEO refused to meet him
Apple CEO Tim Cook has said that he never spoke to Tesla CEO Elon Musk about buying his failed electric car
business a couple of years back.
Musk in December last year tweeted that he offered Cook to sell his electric car company at one-tenth of its value
during the struggling period in 2017 but the Apple CEO refused to meet him.
In an interview with The New York Times on Monday, Cook said that talks never happened.
"You know, I've never spoken to Elon, although I have great admiration and respect for the company he's built,"
Cook was quoted as saying.
Musk had said that during the "darkest days" for Tesla Model 3, he wanted to sell the company off.
"During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple
acquiring Tesla (for 1/10 of our current value). He refused to take the meeting," Musk had said in a tweet.
Musk's tweet came as reports resurfaced that Apple is planning to introduce its first electric, autonomous car in
Musk had said during a media interview in 2018 that his electric car startup was close to death within "single-digit
He said that the company nearly went bankrupt in 2008, the year he took over as CEO and that at the time Tesla
had "less than a 10% likelihood to succeed."
Tesla and Model 3, however, survived and the company went on to produce Model Y SUV and new vehicles like