Analyst Claims Apple Made a Bid to Buy Tesla in 2013 at $240 Per Share
While speaking on CNBC News, Roth Capital Partners analyst Craig Irwin has claimed that Apple made a “serious bid” to buy Tesla back in 2013, with the offer estimated to be around $240 per share.
According to AppleInsider, Irwin insisted that “multiple checks” were made with several sources and he has “complete confidence” that it is “credible”.
The analyst added that it is unclear how far along the alleged negotiations went, such as a “formal paperwork stage” that would signal an intent to purchase.
It must be noted that other than the word of Irwin that Apple made such a bid nearly 6 years ago, there is no other evidence or claim that such a bid ever existed:
A profile of Apple’s mergers and acquisitions chief Adrian Perica in February 2014 included references to a meeting between Tesla CEO Elon Musk and Apple CEO Tim Cook in Cupertino in 2013, at around the same time as a German analyst wrote an open letter to Cook suggesting an Apple purchase of Tesla. That report cited multiple sources about the supposed meeting, but again with little proof it actually took place.
Interestingly, Tesla is valued at around $205 per share even today, which is way below the $240 supposed bid made by Apple all those years ago.