Published 14:21 IST, December 23rd 2020

Apple car project: When Elon Musk offered Apple CEO Tim Cook to buy Tesla

Amidst reports of Apple car production, Elon Musk revealed that he once offered Apple CEO Tim Cook to acquire Tesla, but the latter refused to meet.

Reported by: Danish Ansari
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Tesla's Model 3 was clearly a major success for Elon Musk as electric sedan turned out to be best-selling luxury car in 2018. vehicle performed remarkably well and far exceeded expectations for Tesla, however, it navigated a bumpy ro through year which even raised an existential question for electric vehicle company.

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Elon Musk offered to sell Tesla during Model 3 program 

w, Elon Musk has revealed that he once reached out to Apple Inc’s CEO Tim Cook and offered to sell w-successful Tesla during darkest days of its Model 3 program. famed billionaire shared a tweet where he also stated that Tim refused to take meeting. He also ded that company was valued at about one-tenth at time of proposal to its current value.

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In an earlier tweet, Musk also offered his view on reports surrounding Apple potentially launching its own self-driving vehicles with unique battery techlogy.

For those unaware, re have been several reports online suggesting that Apple is planning to produce electric Apple cars for consumers starting in 2024. techlogy giant has been working to redefine auto industry since 2014, however, re hasn't been much progress despite having worked with some of top talents and engineers from within automotive sector.

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Apple is said to be working on a game-changing battery techlogy that may potentially bring down cost of batteries while increasing range of vehicle. company will use a mocell battery design to power up electric vehicle. unique battery design will allow Apple to bulk up individual battery cells which will ultimately allow more inside battery pack and do away with modules and pouches.

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re aren't any details around who would be manufacturing partner for se vehicles, however, company has been rumoured to be in discussions with Magna, which will lend its EV platform to Apple for car development. However, it is worth ting that Apple is yet to confirm reports or make any anuncement on development.

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14:21 IST, December 23rd 2020