On Tuesday, Tesla CEO Elon Musk tweeted that he considered selling his electric car company to Apple in recent years, but Apple CEO Tim Cook was not even interested in taking a meeting. CNBC reports: Specifically, Musk wrote in a tweet on December 22: “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.” It was a rare admission from the mercurial CEO that he once considered giving up control of the company he helped build and take to a market value that’s more than the top nine automakers combined. Tesla has not discussed a sale in any financial filing. On Tuesday, Musk also made remarks about lithium iron phosphate batteries that Apple is reportedly developing for use in vehicles, per a Reuters report on Monday. “Strange, if true,” Musk wrote. “Tesla already uses iron-phosphate for medium range cars made in our Shanghai factory.- A monocell is electrochemically impossible, as max voltage is ~100X too low. Maybe they meant cells bonded together, like our structural battery pack?”
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