Elon Musk, CEO of Tesla
Beck Diefenbach | Reuters
Tesla CEO Elon Musk addressed a theoretical question about whether or not he would be game for a merger with one of the incumbent car companies.
“I think we’re definitely not going to launch a hostile takeover,” Musk told Axel Springer CEO Mathias Doepfner on Tuesday during a live event streamed to YouTube.
Doepfner pressed Musk if he’d consider a friendly takeover. “If somebody said, ‘hey, we think it would be a good idea to merge with Tesla,’ we’d certainly have that conversation. But we don’t want it to be a hostile takeover situation,” Musk replied.
The scenario was purely theoretical.
Tesla currently needs its capital for other things,…