Autos

Tesla CEO Elon Musk says he’d have conversation on merger if asked

0


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,…



Source cnbc.com

Walmart+ members to get free online shipping without a minimum

Previous article

HPE is relocating headquarters to Houston from California

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Autos