Tesla CEO Confirms 'Conversations' With Apple, Says Any Acquisition 'Very Unlikely'

elonmuskFollowing a report earlier this week suggesting Apple had considered purchasing Tesla, Tesla CEO Elon Musk today confirmed in an interview with Bloomberg Television that his company "had conversations" with Apple. Musk went on to say that he could not comment on whether the conversations had revolved around any kind of acquisition, but he did confirm that at the current time, an acquisition of Tesla seems "very unlikely."

If one or more companies had approached us last year about such things there's no way we could really comment on that. We had conversations with Apple, I can't comment on whether those revolved around any kind of acquisition.

News of Apple's meeting with Tesla first came to light over the weekend, when the San Francisco Chronicle reported Musk had met with Adrian Perica, Apple's head of acquisitions, and possibly Apple CEO Tim Cook. While the site speculated the meeting pertained to a possible acquisition, other sources have since suggested Apple may have been meeting with Tesla over iOS device integration in the company's electric cars or about a potential battery deal between the two.

As noted by The Los Angeles Times, Musk last month announced plans for a massive lithium-ion battery plant, which will be constructed in partnership with "some other companies." Tesla is expected to make an announcement about the plant later this month, and it's possible Apple, which uses lithium-ion batteries for many of its portable devices, could be involved in that venture.


When asked whether Tesla was for sale, Musk told the interviewer that an acquisition was unlikely because the company needs to stay "super focused" on its goal of creating an affordable electric car, though he did not rule out the possibility of an acquisition entirely.

If there was a scenario where it seemed like it would be more likely that we would be able to create the mass market sort of affordable, compelling car then possibly it would make sense to entertain those discussions. I don't currently see any scenario that would improve that probability, so that's why I think it's very unlikely.

Apple CEO Tim Cook recently said the company is open to making large acquisitions if it makes sense, but he has also said that Apple will focus on the very few products that "deserve all our energy." Apple currently holds nearly $160 billion in cash while Tesla has a market cap of approximately $24 billion.

Tag: Tesla

Popular Stories

iOS 26

6 New Things Your iPhone Can Do in iOS 26.1

Wednesday October 29, 2025 4:22 am PDT by
Apple is about to drop iOS 26.1, the first major point release since iOS 26 was rolled out in September, and there are at least six notable changes and improvements to look forward to. We've rounded them up below. Apple has already provided developers and public beta testers with the release candidate version of iOS 26.1, which means Apple will likely roll out the update to all compatible...
iOS 26

iOS 26.1 Coming Soon: New Features for Your iPhone and Release Date

Monday October 27, 2025 7:55 am PDT by
The upcoming iOS 26.1 update includes a handful of new features and changes for iPhones, including a toggle for changing the appearance of the Liquid Glass design, "slide to stop" for alarms in the Clock app, and more. Below, we outline key details about iOS 26.1. Release Date Given that Apple has yet to seed an iOS 26.1 Release Candidate, which is typically the final beta version, the...
iPhone 17 Pro Cosmic Orange

8 Reasons to Wait for Next Year's iPhone 18 Pro

Thursday October 30, 2025 4:42 am PDT by
Apple's iPhone development roadmap runs several years into the future and the company is continually working with suppliers on several successive iPhone models at the same time, which is why we often get rumored features months ahead of launch. The iPhone 18 series is no different, and we already have a good idea of what to expect for the iPhone 18 Pro and iPhone 18 Pro Max. One thing worth...
ios 26 1 slide to stop

iOS 26.1 Brings Back 2007 Feature in New Way

Friday October 31, 2025 1:40 pm PDT by
The upcoming iOS 26.1 update includes a small but helpful change for iPhones, and it could prevent you from running late to something important. Specifically, when an alarm goes off in the Clock app, there is a new "slide to stop" control on the screen for turning off the alarm. On previous iOS 26 versions, there is simply a large "stop" button, which could be accidentally tapped. The new ...
M5 MacBook Pro

Waiting for New Macs? Apple Just Shared Bad News

Friday October 31, 2025 7:32 am PDT by
Apple has just given a strong indication that it will not be releasing any additional new Macs for the remainder of the year. Apple's CFO Kevan Parekh dropped the hint during the company's earnings call on Thursday:On Mac, keep in mind, we expect to face a very difficult compare against the M4 MacBook Pro, Mac mini, and iMac launches in the year-ago quarter.Parekh essentially gave a heads up ...
maxresdefault

Apple TV 4K Could Still Launch Before 2025 Ends: All the Rumored Features

Monday October 27, 2025 4:51 pm PDT by
Apple is designing an updated version of the Apple TV 4K, and rumors suggest that it could come out sometime in the next couple of months. We're not expecting a major overhaul with design changes, but even a simple chip upgrade will bring major improvements to Apple's set-top box. Subscribe to the MacRumors YouTube channel for more videos. We've rounded up all the latest Apple TV rumors. ...
ipad mini 7 feature blue

OLED iPad Mini: Release Date, Pricing, and What to Expect

Wednesday October 29, 2025 7:13 am PDT by
Rumors are stoking excitement for the next-generation iPad mini that Apple is reportedly close to launching. So what should we expect from the successor to the iPad mini 7 that Apple released over a year ago? Read on to find out. Processor and Performance Apple is working on a next-generation version of the iPad mini (codename J510/J511) that features the A19 Pro chip, according to...
iOS 26

Apple Seeds iOS 26.1, iPadOS 26.1, and macOS Tahoe 26.1 Release Candidates

Tuesday October 28, 2025 1:07 pm PDT by
Apple today provided developers and public beta testers with the release candidate versions of upcoming iOS 26.1, iPadOS 26.1, macOS Tahoe 26.1, tvOS 26.1, watchOS 26.1, and visionOS 26.1 updates for testing purposes. The RCs betas come a week after Apple released the fourth betas. The new betas can be downloaded from the Settings app on a compatible device by going to General > Software...
apple tv hd

Apple Launched Its Big New Vision for TV 10 Years Ago Today

Thursday October 30, 2025 8:58 am PDT by
Apple launched the Apple TV HD, the Siri Remote, tvOS, and their accompanying App Store a decade ago today, marking a major overhaul of the device. The new vision for the Apple TV was unveiled on September 9, 2015 during Apple's "Hey Siri" event in San Francisco, where CEO Tim Cook introduced the device with the statement, "The future of TV is apps." The announcement represented a major...

Top Rated Comments

taptic Avatar
153 months ago
Honey, I'll drive.

No. iBought. iDrive.
Score: 9 Votes (Like | Disagree)
musika Avatar
153 months ago
I'd personally prefer to see Tesla make it on their own. They've done so much, and they have the potential to be another Apple-like company on their own.

So many innovative companies are being consumed by the current giants. That's not a bad thing, per say, but I'd just like to see some companies stick it out on their own.
Score: 7 Votes (Like | Disagree)
GregAndonian Avatar
153 months ago
What would Apple gain by buying Tesla ?

I'm not sure- But it WOULD prevent Facebook from buying them... :eek: ;)
Score: 5 Votes (Like | Disagree)
Tankmaze Avatar
153 months ago
What would Apple gain by buying Tesla ? I'm guessing not much.
Score: 5 Votes (Like | Disagree)
CFreymarc Avatar
153 months ago
Odds are these Apple / Tesla talks are about getting "iOS in the Car" designed into the next model years of Teslas. The Tesla X may be the first to ship with iOS in the Car.

They are local to Apple and don't have the decades of Not Invented Here that way too many automotive manufactures have towards their center electronic stacks.
Score: 4 Votes (Like | Disagree)
petsounds Avatar
153 months ago
Here's a wild thought: Elon Musk as the next CEO of Apple.

Elon's ambitions are much bigger than Apple's focus. While he might make a good CEO, I doubt he'd remain happy for long. The world is better off with Elon doing his own thing.
Score: 3 Votes (Like | Disagree)