 |
| Elon Musk: Apple refused to hold a meeting to buy Tesla |
Silicon Valley billionaire Elon Musk said he reached out to Apple CEO Tim Cook during Model 3's darkest days to discuss a 10% iPhone price cut. One in Tesla purchase option.
Musk, chief executive of electric car maker Tesla, said he refused to attend the meeting.
Elon Musk's comments come on the heels of a Reuters report that Apple hopes to use the new battery technology to build electric cars by 2024.
In 2017, electric car makers are still wasting money and have to mass-produce electric cars.
Tesla struggled to ramp up mass production of the Model 3 in 2017 and 2018. As Musk told investors at the time, the company was involved in production problems due to the Nevada Battery Factory's automated production system.
However, Tesla got over the issue and released a number of quarterly results since then. The electric car maker has become one of the most valuable companies to join the S&P 500 after joining the S&P 500 on Monday. .
Since 2014, when she began designing her own car from scratch, Apple's automotive technology called Project Titan has evolved unevenly.
At the heart of the company's automotive strategy is a new battery design that can significantly reduce battery costs and increase vehicle mileage.
According to Musk, Apple's proposed single cell design is electrochemically impossible as the maximum voltage is very low if they are not combined together.
Apple has been trying to enter the world of electric and self-driving cars for five years. Apple is believed to be developing other software and technologies that could be sold to other companies.
Reuters reported that the giant has refocused on making electric, self-driving cars for consumers in general.
It appears that one of the reasons Apple has changed direction again is because it has made great strides in the battery industry.