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Apple And Tesla In Acquisition Talks: Report Photo:
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Trevor Collett | Feb, 19 2014 | 15 Comments

Technology giant Apple may be considering a part or total takeover of Tesla Motors, according to reports out of the US this week.

Details are thin on the ground, but The San Francisco Chronicle reports that Apple’s ‘Head of Mergers and Acquisitions’, Adrian Perica, met with Tesla CEO Elon Musk for unknown reasons - some 12 months ago.

Musk has previously said that if Tesla was ever to be sold, it would likely be to a player from outside the automotive industry.

Apple fits the criteria there, and would be one of the few companies with the cash reserves required to make a realistic offer for Tesla, for either whole or part-ownership.

Neither Tesla or Apple are commenting at this stage, and no major announcements involving the pair have been made since the meeting reportedly took place.

Further reports suggest Apple may be interested in a slice of Tesla’s new battery factory (or even just a battery-supply deal), with the “world’s largest battery plant” currently under construction.

In-car infotainment support for Apple’s ‘iOS In The Car’ is another logical direction, as the battle between Android and Apple for in-car supremacy has gained momentum in recent months.

Discussions of a technical partnership or a ‘memorandum of understanding’ are also possible options.

Meanwhile, Tesla is on track for a Q2 relaunch in Australia with its Model S, with pricing and specifications to be announced soon.

 
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