Elon Musk says he wanted Apple to acquire Tesla, but Tim Cook wasn't interested

Tesla was priced at one tenth of its current price when Musk wanted to discuss the potential acquisition.
 By 
Stan Schroeder
 on 
Elon Musk says he wanted Apple to acquire Tesla, but Tim Cook wasn't interested

A few days ago, a Reuters report revived the old rumors about Apple building an electric, self-driving car, and the first thing on everyone's mind was Tesla.

There's no direct connection, but Apple seems like the company that could offer an interesting competitor to Tesla's smart electric vehicles, especially in a future in which AI and battery expertise may turn out to be more important than a tradition in building gas-powered cars.

On Tuesday, Tesla CEO Elon Musk revealed that he was thinking along the same lines as well.

"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," he tweeted.

With "darkest days," Musk is referring to the troubles Tesla had with ramping up Model 3 production, which almost drove the company to bankruptcy. The issues that Tesla had were well documented, but the fact that Musk wanted to talk to Apple about acquiring Tesla is new.

Musk also commented on some rumors surrounding Apple's (possible) upcoming car project. In an answer to another Twitter user, who shared some excerpts from Reuters' report, Musk said that monocell batteries — which Apple allegedly is looking into — are "electrochemically impossible." As for Apple looking into lithium iron phosphate battery tech, Musk said Tesla "already uses iron-phosphate for medium range cars made in our Shanghai factory."

In any case, the deal never happened, and now Apple will have to face a far stronger Tesla — if the company ever does really starts mass-manufacturing cars. Reuters' report mentions 2024 as the possible launch time for Apple's car, and there's plenty that can happen before now and then.

Stan Schroeder
Stan Schroeder
Senior Editor

Stan is a Senior Editor at Mashable, where he has worked since 2007. He's got more battery-powered gadgets and band t-shirts than you. He writes about the next groundbreaking thing. Typically, this is a phone, a coin, or a car. His ultimate goal is to know something about everything.

Mashable Potato

Recommended For You
Elon Musk’s SpaceX acquires Elon Musk's xAI, including social media platform X
SpaceX, xAI, and Grok logos

Elon Musk: Tesla FSD will soon become subscription-only
Inside a Tesla, a driver uses Full Self Driving.

Did Tim Cook just tease a touchscreen MacBook? Sure looks like it.
collage of screenshots from a video of the apple logo

'Don't buy the Roadster' if safety is your goal, says Elon Musk
Elon Musk

AI chatbots like ChatGPT are using info from Elon Musk's Grokipedia, report reveals
Grokipedia logo on mobile device

More in Tech
Amazon's sister site is having a one-day sale, and this Bissell TurboClean deal is too good to skip
A woman using the Bissell TurboClean Cordless Hard Floor Cleaner Mop and Lightweight Wet/Dry Vacuum.

The best smartwatch you've never heard of is on sale for less than $50
Nothing CMF Watch 3 Pro in light green with blue and green abstract background

Reddit r/all takes another step into the grave
Reddit logo on phone screen

Take back your screen from ads and trackers with this $16 tool
AdGuard Family Plan: Lifetime Subscription


Trending on Mashable
NYT Connections hints today: Clues, answers for April 3, 2026
Connections game on a smartphone

Wordle today: Answer, hints for April 3, 2026
Wordle game on a smartphone

Google launches Gemma 4, a new open-source model: How to try it
Google Gemma

What's new to streaming this week? (April 3, 2026)
A composite of images from film and TV streaming this week.

NYT Strands hints, answers for April 3, 2026
A game being played on a smartphone.
The biggest stories of the day delivered to your inbox.
These newsletters may contain advertising, deals, or affiliate links. By clicking Subscribe, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy.
Thanks for signing up. See you at your inbox!