Elon Musk says Apple passed on potential deal to acquire Tesla

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Tesla chief executive Elon Musk said he once considered selling the electric car maker to Apple&comma; but Tim Cook rejected a request for a meeting&period;<&sol;p>&NewLine;<p>Mr Musk said he contacted Mr Cook &OpenCurlyDoubleQuote;to discuss the possibility of Apple acquiring Tesla &lpar;for one-tenth of our current value&rpar;&period; He refused to take the meeting”&period;<&sol;p>&NewLine;<p>Tesla’s market value is &dollar;616 billion &lpar;€505 billion&rpar;&comma; as of the close of trading on Tuesday&period;<&sol;p>&NewLine;<p>Mr Musk said he sought out the meeting with the Apple chief executive &OpenCurlyDoubleQuote;during the darkest days of the Model 3 program”&comma; a reference to Tesla’s first electric car designed for the mass market&period;<&sol;p>&NewLine;<blockquote class&equals;"twitter-tweet" data-width&equals;"550" data-dnt&equals;"true">&NewLine;<p lang&equals;"en" dir&equals;"ltr">Strange&comma; if true&period; <&sol;p>&NewLine;<p>&&num;8211&semi; Tesla already uses iron-phosphate for medium range cars made in our Shanghai factory&period;<&sol;p>&NewLine;<p>&&num;8211&semi; A monocell is electrochemically impossible&comma; as max voltage is ~100X too low&period; Maybe they meant cells bonded together&comma; like our structural battery pack&quest;<&sol;p>&NewLine;<p>&mdash&semi; Elon Musk &lpar;&commat;elonmusk&rpar; <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;elonmusk&sol;status&sol;1341484482302533635&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">December 22&comma; 2020<&sol;a><&sol;p><&sol;blockquote>&NewLine;<p><script async src&equals;"https&colon;&sol;&sol;platform&period;twitter&period;com&sol;widgets&period;js" charset&equals;"utf-8"><&sol;script><&sol;p>&NewLine;<p>As recently as 2018&comma; Tesla was struggling to meet its vehicle production goals and turn a profit&period;<&sol;p>&NewLine;<p><&excl;--Ads1--><&sol;p>&NewLine;<p>Tesla’s fortunes have changed since then and the car manufacturer is finally making money on a consistent basis after years of losses and continues to hit milestones for deliveries of its vehicles&period;<&sol;p>&NewLine;<p>Its shares have soared 665 per cent this year alone&comma; making it the world’s most valuable automaker and among the top 10 biggest US companies in the S&amp&semi;P 500 index&comma; which Tesla entered on Monday&period;<&sol;p>&NewLine;<p>Mr Musk’s tweet followed published reports suggesting Apple is working on developing its own electric cars&comma; but Apple declined to comment&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68cd466ae8e5d">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; 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