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Apple Potentially Targeting Tesla for Takeover, Says Citi Analyst
The Drive ^
| May 9, 2017
| Rob Stumpf
Posted on 05/13/2017 2:15:57 AM PDT by 2ndDivisionVet
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To: jdsteel
No. It’s a ridiculous idea unless Tesla goes bankrupt first. Actually, it's not. Given Tesla's Total Market Cap, it would take only 20% of Apple's current horde of cash on hand to buy every outstanding share in Tesla.
41
posted on
05/13/2017 3:13:24 PM PDT
by
Swordmaker
(This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
To: Mount Athos
it’s free There is no such thing as a free lunch. Someone is paying for that power. It's subsidized by the taxpayers.
42
posted on
05/13/2017 3:17:00 PM PDT
by
Swordmaker
(This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
To: Swordmaker
" Actually it's not. Given Tesla's Total Market Cap, it would take only 20% of Apple's current horde of cash on hand to buy every outstanding share in Tesla."
Apple wouldn't overpay like that. The current Tesla market cap is 90% over valued.
43
posted on
05/13/2017 6:41:54 PM PDT
by
jdsteel
(Give me freedom not more government.)
To: jdsteel
Apple wouldn't overpay like that. The current Tesla market cap is 90% over valued. If Apple were trying to take controlling interest in Tesla, they would have pay market value or more, to induce holdouts to sell, for the stock. That's the way such take overs work. I'm not saying they are, but if they were, they'd have to. Frankly, for what Tesla is throwing off in revenues, you are correct.
44
posted on
05/13/2017 7:06:22 PM PDT
by
Swordmaker
(This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
To: Swordmaker
At least you’re admitting that fuel cars are better.
45
posted on
05/13/2017 8:19:48 PM PDT
by
Jonty30
(What Islam and secularism have in common is that they are both death cults)
To: Swordmaker
“IF” any company could make Tesla viable without the fed subsidies/tax credits, it would be Apple... BUT...
Would it be a wise purchase for Apple? Not so sure about that.
46
posted on
05/19/2017 4:54:24 PM PDT
by
TheBattman
(Gun control works - just ask Chicago...)
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