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Tons of talented engineers from Tesla that Apple would need to build a great EV. I don't think there's a surplus of great battery and EV engineers.
Is Apple building an actual EV? I mean this is a rumor site, I understand, but making such accusation based on the rumor is, well, funny I guess. 😂😂
 
Is Apple building an actual EV? I mean this is a rumor site, I understand, but making such accusation based on the rumor is, well, funny I guess. 😂😂
Mark Gurman who has a solid track record of leaking rumors (I can't remember the last time where he got a major leak wrong) says Apple is working on a car.
 
They'll be competitors at the higher end of the market but what are the chances of Apple making a car that it price competitive with the Model 3? ($35k for base model). I'd certainly be surprised.
What are the chances of Tesla making a $35K (£26K) base model? In the UK pretty low I’d say, at least they haven’t got anywhere near it yet. Not even close.*




* current UK price is around £43,000 ($57,740).
 
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Yeah and while you're trashing Tim Cook he's laughing because the "MBA" stands for Millionaire to Billionaire Assets.
If going from millionaire to billionaire is your definition of what makes a better tech company CEO, then why don’t you stop using Apple phones and computers and instead use Google Android phones and Microsoft Windows computers? After all, those who served as CEO of Google and Microsoft have more billions of dollars than Tim Cook.
 
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not really , tesla battery tech is garbage. its all about iron phosphate batteries now. significantly higher amperage and much much safer.
And cheaper!

To give Tesla some credit, Tesla's Chinese SR(+) Model 3's use LFP batteries (although they don't disclose it for some reason and it's not their own battery tech).
If you order a Model 3 in Europe you don't even know if you're getting a Chinese Made LFP or an US Made Li-ion one which is another shady practice imo.
 
If Apple were very serious about making their own car, buying Telsa at 1/10th of it's value for a ready made electric car company that has all the skills, the technology, engineering staff and equipment would have been a very good deal for Apple.
 
big blunder by Tim Cook. oof.
Only if you are only going by the stock value of Tesla - which Musk acknowledges is way too high. For what it's worth, I am not entirely sure Apple, or any other company who might have acquired Tesla would have actually pulled through that dark phase the way Tesla eventually did. It might just be that Musk's passion is what actually saw them through it. So good for Tesla that it did not get acquired.
 
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What are the chances of Tesla making a $35K (£26K) base model? In the UK pretty low I’d say, at least they haven’t got anywhere near it yet. Not even close.*




* current UK price is around £43,000 ($57,740).
You are adding in VAT. Though the base SR is no longer available.
To give Tesla some credit, Tesla's Chinese SR(+) Model 3's use LFP batteries (although they don't disclose it for some reason and it's not their own battery tech).
If you order a Model 3 in Europe you don't even know if you're getting a Chinese Made LFP or an US Made Li-ion one which is another shady practice imo.
Consensus is if you get the SR you will probably get a Chinese made 3 with LFP. The Performance still gets NCA. Not 100% clear on where the LR AWD stands yet.
 
And how is this a blunder? Apple is far wealthier than Tesla. Just because Telsa reaches out Apple to purchase the company doesn't mean Apple has to do it. Apple doesn't need Tesla to build cars.
I bet you also say that Yahoo not buying Google [twice!] for $1 million was a good and smart move?
Apple have been trying for over 4 years now to build their own car and they are still failing.
It is so bad at Apple that they had to bring Bob Mansfield out of retirement to head up project Titan only for him to go back into retirement [again] and now yet another manager is in charge.
Sounds more like a Mr Bean plot !
 
"offering Tesla for 1/10 of its value" isn't accurate. 1/10 of its current value, in 2020. Not 1/10th of its value at the time.
 
Rather than starting from scratch, Apple purchased the mobile phone modem division from Intel so Apple could develop it's own 5G modem. The Intel buyout was a ready made deal, patents, factories, IP, engineering staff, experience, technology. All Apple has to do is add their own requirements to make it Apple.

Apple could have done the same thing with Telsa, bought it when it was at it's lowest darkest days, a ready made electric car company and all Apple would have to do is add/modify a few things to make their own stamp on it yet for some reason, people are rubbishing the idea, why?. Apple are having to work from scratch, from the beginning to build their own electric car which will cost them billions. Buying a ready made electric car company would have made logical business sense.
 
You either don't follow Apple as you stated or you're making this nonsense up. Over the past 4-5 years Apple has become the top company with over 2 trillion in valuation, and they did that without a car or a Netflix, or the pandemic.
You obviously do not follow maths. A company's worth is not always linked to how much money they make. Apple can not grow profits to the degree they would like without entering new markets that are growth markets. Sorry to tell you but consumer electronics is not a growth market.
These are:

Energy
Housing/property
Finance
Automotive
Medical

I do not see Apple entering number 2 and they entered number 3(sort of) but that wa sonly with a credit card that is still only available in the US. I can not see them entering the first one right now and that leaves either medical or cars and I see the easier path for them being cars.
Having said that sadly I think that Apple are far far behind and need to change their culture in oder to get ahead.
 
Apple is far wealthier than Tesla.

Well, Apple is far wealthier than almost any other company.

At around $600 billion, Tesla’s market cap is about 1/4 that of Apple’s. But it’s also more than the top 7 other automakers combined. So now days, Tesla is still a pretty wealthy company by any reasonable definition.
 
For real?

I mean - you don’t seem to be very informed about the electric car world because despite of the inferior range from a technical point of view the Porsche Taycan beats Tesla all the way.

Yes, Model S PLAID is performing better on the first sprint, but if you’re talking sustained power it’s Taycan hands down.

I’m currently driving an ID.3 which - shame on Volkswagen - won’t hit American market. It’s a good first shot. Get to know the ID.4. This car will give Model Y a real hard time (apart from performance bragging) as craftsmanship and build quality simply are on another level.
Actually it is YOU who is not informed.

if you follow any expert worth their salt such as Sandy Munro is the expert of experts when it comes to this kind of thing, they all say that Tesla is at least 5 years ahead of any other car maker, including PORSCHE!

Sorry to break it to you.
 
Rather than starting from scratch, Apple purchased the mobile phone modem division from Intel so Apple could develop it's own 5G modem. The Intel buyout was a ready made deal, patents, factories, IP, engineering staff, experience, technology. All Apple has to do is add their own requirements to make it Apple.

Apple could have done the same thing with Telsa, bought it when it was at it's lowest darkest days, a ready made electric car company and all Apple would have to do is add/modify a few things to make their own stamp on it yet for some reason, people are rubbishing the idea, why?

I feel like you're answering your own question. Apple doesn't typically outright buy an entire product, rebrand it, and then sell it. (I suppose WebObjects would be one rare exception I can think of — built by NeXT, modernized, but otherwise largely left alone. Eventually discontinued.)

They didn't buy BlackBerry to rebrand the Storm as the iPhone, or Amiga to rebrand the 1000 as the Macintosh 128k.

They bought portions of the Intel modem division (which, in turn, originally came from Infineon, a Siemens spin-off). And they didn't do that to slap an Apple logo on the modems and start selling them. They did it to use that tech and, based on it, make new products. The Apple M1 isn't a rebranded P.A. Semi PWRficient PA6T-1682M or Exponential X704, nor is it sold in retail (or to OEMs); it's a design based on engineering talent from those companies (and then some). AirPods aren't rebadged Beats products.

Odds are Apple isn't interested in outright buying a car company, slapping the Apple logo on it, and shipping that. They're interested in buying up some car-related engineering staff (and perhaps other staff*), but the ultimate products and/or services derived from that will have very little to do with the acquisitions.

*) For example, the Beats purchase wasn't just about engineering talent, but also about staff who had good industry contacts.

. Apple are having to work from scratch, from the beginning to build their own electric car which will cost them billions.

Which is why they've been working on it for a long time, it seems.

Buying a ready made electric car company would have made logical business sense.
Maybe? (Would it, though? Should Apple also buy an ice cream company? "Business sense" goes a bit beyond "anything you can make a margin on".)

It wouldn't fit Apple's typical modus operandi at all.
 
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