Elon Musk: I once tried to sell Tesla to Apple

Tesla could have been part of Apple by now.

Founder Elon Musk says he once tried to sell his car firm to the Silicon Valley giant.

And it could have been a bargain, with an asking price a tenth of its current value.

But he says Apple chief Tim Cook refused to take a meeting.

Musk claims the attempted sale came during the ‘darkest days’ of the firm’s Model 3 development.

Back in 2017 and 2018 the firm was struggling to ramp up output of the mid-priced sedan.

At the time Musk said it was in ‘production hell’.

However, Tesla overcame the troubles, and has since racked up a series of quarterly profits.

On Monday (December 21) it joined the S&P 500, becoming one of the most valuable companies in the benchmark stock index.

There was no comment on Musk’s claims from Apple.

But, if true, the iPhone maker might now be ruing its decision.

Reuters this week reported that it’s looking to produce an electric vehicle by 2024, using a new battery technology.

Buying Tesla might have been a cheaper way to do it.

Musk has also cast doubt on claims made about Apple’s new batteries.

In a Tweet, he says the so-called ‘monocell’ system wouldn’t be able to produce anywhere near enough power.