Apple made informal bid to buy Tesla at $240 per share in 2013

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  • Reply 41 of 46
    knowitallknowitall Posts: 1,648member
    knowitall said:
    That would be terrible. Tesla is a doomed brand no matter what happens. If electric cars take off, the current crop of auto manufacturers will produce then in mass and with their greater experience, ability to offset losses with the gas engine cars and manufacturing capacity blow Tesla out of the market for affordables. High end manufacturers will make high end luxury and blow them out there. 

    If electric cars become a passing fad Tesla fails. 

    So either way Tesla fails. 
    So, your still in the 80s it seems.
    Refute the points I made then. How does Tesla succeed with their competition having so many advantages?
    You didn't make any points. It's just a rant.
    But to be clear: car companies have no advantage only big handicaps. German car manufactures have a hierarchical and fraudulent company culture, aimed at protecting diesel investments and stagnation. Noting will come out of that.
    French car companies are a bit different, some like Peugeot have a culture aimed at design and innovation. It seems that Peugeot can succeed in building quality electric cars. But Peugeot aims at the European car market. Japanese car makers do innovate but put much effort in hybrid technology which is a double failure.
    Building an electric car isn't just slapping a big battery on a car, its innovating super efficient and compact electric motors, power electronics (that doesn't ‘break’ in a short time), battery technology, motor control software, high voltage switching, car automation software, AI driving etc. etc. All things traditional car companies have little or no knowledge of.
    Traditional car companies think electrification can't be that difficult and fail because of their arrogance especially german car makers.

    edited May 2019
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  • Reply 42 of 46
    red oak said:
    A lot of ignorant posts here. Tesla is doing great. Actually fantastic. That you have a president that likes to make business unstable, as well as media talking down on Tesla every time they have the opportunity (remind you of a certain other company? Hint: It is often featured on this website) doesn't mean Tesla is bad, or that Elon is uncapable of running the company. If anything, Tesla is what it is today because of Elon Musk, much like Apple was Apple because of Steve Jobs. Right now, Tesla needs to get Gigafactory 3 up and running, so they can sell to the Chinese at competitive prices, and you'll see demand and supply explode. After that they have to get Model Y in production, as well as Gigafactory 4 in Europe. At the same time the Roadster and Semi will go in to production. Their recent Maxwell aquisition is also very interesting, and will make Tesla even more competitive (they already produce the best lithium batteries, at the cheapest prices on the market), as it will increase their production capacity and reduce costs, as well as it will open up for even more saving on the batterypack-level, as the Maxwell dry-batteries have a higher energy density than Tesla's already record high lithium-ion batteries.
    They don't have enough cash to make it through the next 10 months, nevermind launching in China, launching Model Y,  launching semi, launching roadster.   This company is DOA.  It is 15 years old, not some start-up.  It has burned through billions of $ of capital and not generating $1 of operating free cash flow.   It's bonds yields have shot through the roof.   Just wait until the Q2 results are announced.   Shit is really going to hit the fan. 

    Musk is a charlatan.  It was an awesome opportunity but he squandered it.  The window to make Tesla a success has been slammed shut.  The best exit at this point is to hope someone swoops to buy and puts a floor on the stock.   Hopefully it is not Apple - the unquantified liabilities (autopilot safety,  lack of in-market service/repairs,  product quality issues) could be bigger than any purchase price. 


    $TSLAQ 


    Please elaborate on the succes being slammed shut, as well as how Tesla squandered their oppertunity? You mean exponentially manufacturing vehicles at a 20% markup?
    15 years is young for a car-company. Tesla has so much going for them, that it simply doesn't make sense to let it go no. There's going to be more investments in Tesla, because Tesla has long-standing investors, who still see the potential of the company.

    Tesla has the best batteries at the best prices, and that will only improve, especially after the Maxwell deal just recently. The Semi is going to save Tesla on operation costs, as well as revenue from sales (Tesla is going to be the first owner of Tesla Semis). The Gigafactory 3 is currently ahead of schedule, and looks like a finished building, just 3 months after the plot was but a landfield of crops.
    Yes Tesla is squeezed right now, but I'm farily certain, it has more to do with ignorance amongst media (which has been the case for 15 years), as well as the USA president waging trade wars and creating instability in the world.
    Those 10 months you mention, btw, are taken out of context.
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  • Reply 42 of 46
    Apple really should buy Tesla. 

    For two reasons: it would give Tesla the shot in the arm that they need to really buck the market with the financial clout that a giant such as Apple behind them would provide, and also, it would free Tesla of the increasingly unstable Musk whose antics only seem to be harming a company with decent products and design. 
    So Apple should buy Tesla to fix their problems? Apple doesn't work like that.

    Dead_Pool said:
    Every time I see a Tesla, I think “this is the car Steve Jobs would have built.”

    Not even close.
    Yes, like spot on.
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  • Reply 42 of 46
    red oak said:
    A lot of ignorant posts here. Tesla is doing great. Actually fantastic. That you have a president that likes to make business unstable, as well as media talking down on Tesla every time they have the opportunity (remind you of a certain other company? Hint: It is often featured on this website) doesn't mean Tesla is bad, or that Elon is uncapable of running the company. If anything, Tesla is what it is today because of Elon Musk, much like Apple was Apple because of Steve Jobs. Right now, Tesla needs to get Gigafactory 3 up and running, so they can sell to the Chinese at competitive prices, and you'll see demand and supply explode. After that they have to get Model Y in production, as well as Gigafactory 4 in Europe. At the same time the Roadster and Semi will go in to production. Their recent Maxwell aquisition is also very interesting, and will make Tesla even more competitive (they already produce the best lithium batteries, at the cheapest prices on the market), as it will increase their production capacity and reduce costs, as well as it will open up for even more saving on the batterypack-level, as the Maxwell dry-batteries have a higher energy density than Tesla's already record high lithium-ion batteries.
    They don't have enough cash to make it through the next 10 months, nevermind launching in China, launching Model Y,  launching semi, launching roadster.   This company is DOA.  It is 15 years old, not some start-up.  It has burned through billions of $ of capital and not generating $1 of operating free cash flow.   It's bonds yields have shot through the roof.   Just wait until the Q2 results are announced.   Shit is really going to hit the fan. 

    Musk is a charlatan.  It was an awesome opportunity but he squandered it.  The window to make Tesla a success has been slammed shut.  The best exit at this point is to hope someone swoops to buy and puts a floor on the stock.   Hopefully it is not Apple - the unquantified liabilities (autopilot safety,  lack of in-market service/repairs,  product quality issues) could be bigger than any purchase price. 


    $TSLAQ 


    Just wait a year, and wel'll pick up this thread again ;)
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  • Reply 45 of 46
    1st1st Posts: 443member
    Many negative news about tesla can be attributes to short sellers. That exactly musk got problem with. Remind you someone just made more than 1billion last few months for shorting tesla. Currently, few mutual funds on the selling mode due to stomach ache of voletility. However, buyers start to pick up.   Look like short squeeze would take place any time soon. Tesla just hit another record for book sales. Thx for the potus mid East policy. It should do just fine in near future.   As for Apple buy tesla,? Sure, it would free musk to do what he wants if get tim apple logistics guru to lift some weight. And shield him from sec.it almost as good as go private - 300 per share possibly would do the trick for Apple to scope a bargain.  
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