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Elon Musk Says Apple CEO Tim Cook Refused Talks To Acquire Tesla At $60 Billion

Elon Musk tweeted about sleeping on the roof of a factory as he tried to resolve bottlenecks. Apple Inc. Chief Executive Officer Tim Cook refused to take a meeting years ago to discuss acquiring Tesla Inc., Elon Musk said on Tuesday. Tesla CEO Musk said in a tweet that he reached out to Apple during the darkest days of development of his company s Model 3 to talk about a possible deal. Musk said he planned to discuss the possibility of selling Tesla to Apple for one-tenth of its current value, indicating a valuation of about $60 billion. In 2017, Tesla burned cash as it ramped up output of its mass-market Model 3 electric vehicle. Musk told employees then at the company s Fremont, California, plant that it faced a period of production hell for six months or longer. Weeks after making that statement, he tweeted about sleeping on the roof of a factory as he tried to resolve bottlenecks.

Musk says Apple refused to discuss US$60B Tesla deal

Musk says Apple refused to discuss US$60B Tesla deal Mark Gurman, Bloomberg News VIDEO SIGN OUT Apple Inc. Chief Executive Officer Tim Cook refused to take a meeting years ago to discuss acquiring Tesla Inc., Elon Musk said on Twitter Tuesday. Tesla CEO Musk said in a tweet that he reached out to Apple during the “darkest days” of development of his company’s Model 3 to talk about a possible a deal. Musk said he planned to discuss the possibility of selling Tesla to Apple for one-tenth of its current value, indicating a valuation of about US$60 billion. 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 Says Apple Refused to Discuss $60 Billion Tesla Deal

Musk Says Apple Refused to Discuss $60 Billion Tesla Deal
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Riot-hit Apple supplier Wistron hired more than it could handle

updated: Dec 19 2020, 07:08 ist By Anto Antony and Shruti Srivastava Apple Inc.’s supplier in India quadrupled workers in about eight months, ramping up production just as the world’s most valuable company began direct online sales in the South Asia nation. The only hitch: Wistron Corp.’s systems weren’t robust enough to handle the deluge. The number of workers at the Taiwanese company, the first Apple supplier to produce iPhones in India, surged to about 9,000 in November from some 2,000 just before the pandemic, according to people with knowledge of the matter. Wistron hired the contractual workers from six manpower companies, the people said, asking not to be identified because the matter was private. A representative for Wistron declined to comment.

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