Elon Musk Is Setting the Record Straight on Rumors Regarding a Major Tesla Collaboration – Futurism

In Brief Sorry, Tesla and Apple fans. The companies have no plans to collaborate any time soon, according to Elon Musk. During yesterday's first-quarter earnings call with investors, the CEO confirmed that Apple isn't interested in working with Tesla at the moment. Highly Unlikely

Back in 2015, an investor made a bold claim that Apple would buy Teslawithin 18 months. Its been more than two years since that prediction was made, and Tesla and Apple are still independent entities and it looks like they will stay that way.

During yesterdays first-quarter earnings call with investors, Tesla CEO Elon Musk shared his thoughts on the chances of Tesla working with Apple on an electric car. Yeah, I dont think they want to have that conversation, he said, according to Business Insider. Ive at least not heard any indication that they do.

Musk was reiterating a point he made back in February in an interview with Bloomberg about how a merger with Apple was highly unlikely: Id be very concerned in any kind of acquisition scenario, whoever it is, that we would become distracted from that task which has always been the driving goal of Tesla.

Analysts and journalists have made comments about how a merger or a collaboration with Apple would be beneficial for Teslaand vice versa. Tesla, largely due to Musk, has the innovative mind that Apple seems to sorely lack these days. At the same time, Apple has the earnings and capital thatTesla is arguably in need of.

Hopes for such a pairing, which has the potential to be one of the best combos in the tech industry, have been fueled by Apples recent progress in the autonomous vehicle game. The Cupertino-based company has already received approval to test self-driving vehicles on California roads, which was confirmation that Apple is working on an autonomous car. Tesla is also busy working on its newest electric vehicle, the Model 3, with production well on its way and a final unveiling slated for July.

For now, Apple and Tesla seem content to continue forging their own paths with separate vehicles, but whether those paths will intersect in the future is anybodys guess.

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Elon Musk Is Setting the Record Straight on Rumors Regarding a Major Tesla Collaboration - Futurism