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A comment on Apple tried to buy Tesla for more than it’s currently worth in 2013, report says. Parent comment

Re:Apple tried to buy Tesla for more than it’s currently wor... by skellington on Tuesday May 21, 2019 @11:29AM (#19971022)
No, this makes complete sense. Tesla is opening up a huge new market, but it is under-capitalized. Also, Apple could give Tesla the design boost is desperately needs in the long term (those interiors barf...).

Those darn Tesla speculators were driving TSLA into unpurchaseable levels which in the long run may end up killing Tesla. Irony.

[ Parent | on HN ]
Re:Apple tried to buy Tesla for more than it’s currently wor... by xkjkls on Tuesday May 21, 2019 @04:12PM (#19974404)
Why do we assume designing cars is the same as designing phones? Automotive design has been around for 100s of years before phones.

And why is this market presumed to be entirely new? Many of the auto manufacturing talents of old are still just as important in a new EV paradigm. Cars might not need combustion engines, but it’s not like the don’t need wiper blades, or seats, or paint, or branding, or a commitment to reliable manufacturing.

[ Parent | on HN ]
Re:Apple tried to buy Tesla for more than it’s currently wor... by MegaButts on Tuesday May 21, 2019 @12:29PM (#19971727)
I suspect if it weren't for the TSLA speculators the company would've run out of money already, so they may be the reason it's still around.

Whatever the case, TSLA stock defies all reason and epitomizes "the market can remain irrational longer than you can remain solvent."

[ Parent | on HN ]