Elon Musk revealed that “in the darkest days of the ‘Model 3’ program” he contacted Apple executive director (CEO) Tim Cook to discuss the possibility of that company buying Tesla for “one tenth of the current price” .
“He refused to accept a meeting,” added Musk, quoted by EFE on Tuesday.
Tesla’s entrepreneur and CEO was surprised by the advanced information in the past few hours that Apple is developing an electric vehicle, based on a new type of ‘radical’ battery design, which would reduce costs and expand the range of vehicles.
The North American press says that the battery to be used by Apple has a ‘single cell’ design, which would allow the introduction of more ‘active material’ and would be made with lithium and iron phosphate because it is less likely to overheat, making it safer.
Elon Musk pointed out that Tesla “is already using iron phosphate for medium-sized cars produced at the Shanghai plant” and that “a single cell is electrochemically impossible, as the maximum voltage is about a hundred times lower”.
“Maybe they meant that the cells come together, like our structural battery?”, He asked.
Reports on the project for Apple’s electric car, known as ‘Project Titan’, rumored for years, indicate that the company known for producing iPhones and iPads would be interested in producing an autonomous vehicle for mass consumption.
But the technology giant may also decide to abandon the production project to sell only the developed technology to existing builders.
One of Apple’s options is to produce a vehicle with Canadian company Magna, the world’s largest producer of automotive components, which designs and assembles vehicles for manufacturers such as BMW.
The disclosure of this information about the Apple project comes at a time when Tesla’s shares reach historic highs.
Today, they closed with a value of 640.3 dollars (525.94 euros) per share, which allows it to be the world’s largest car construction company with the highest market value, largely surpassing companies like Toyota or Volkswagen.