World’s second richest man Elon Musk said he tried to sell “dying” Tesla to Apple in 2017 for 1/10th of its current value, but iPhone maker refused to buy.
The revelation comes after reports emerged that Apple plans to put production self-driving passenger vehicles on the road by 2024.
Tech giant Apple Inc is aiming to start selling self-driving passenger vehicles that will be powered by its breakthrough battery technology by 2024.
According to reports, the iPhone maker is planning to revive its automotive project, known as Project Titan, after previously shutting down plans to sell a car.
Reacting to the reports, Elon Musk, in a tweet on Tuesday, said he wanted to sell Tesla to Apple during the “darkest days” of the Model 3 rollout for “1/10th of its current value… but Apple boss Tim Cook “refused” to take the meeting.
Musk said :
“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.”
The billionaire had previously said that the US electric car maker was “less than a 10% likelihood to succeed” during the darkest days.
Tesla ultimately survived, and has since the beginning of this year overtook Toyota Motors as the world’s most valuable automaker.
Tesla’s success this year has also catapulted tech guru Elon Musk to become the second richest man on earth with an established worth of $147 billion, according to Forbes.