May 17, 2024

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News at Another Perspective

Did an acquisition proposal led to Tim Cook dropping F-word on Elon Musk

3 min read

Apple CEO Tim Cook had dropped the F-bomb on Elon Musk throughout a telephonic dialog over Telsa’s acquisition in 2016, reported LA Times. The particulars of the intriguing dialog between the 2 CEOs was revealed in a brand new e book titled, ‘Power Play: Tesla, Elon Musk, and the Bet of the Century’ by Tim Higgins.
The e book claimed that Tesla was in ‘serious financial trouble’ previous to the launch of the ‘Model 3’ program. As per Higgins, Elon Musk had reached out to Tim Cook and prompt that Apple purchase his firm. At that point, Tesla’s valuation was round $40 billion. The firm was struggling to scale and make sure the environment friendly supply of electrical vehicles. Apple additionally wished to enter the cars business and had plans of constructing a self-driving automobile.
The concept behind buying Tesla by Apple appeared like the appropriate guess. Based on a second-hand anecdote, Tim Higgins alleged that Elon Musk not solely wished to stay the CEO of Tesla after the acquisition but in addition of Apple. He claimed that this provoked a quite calm Tim Cook to drop the ‘F-bomb’ on Musk. Here is the excerpt of the dialog:
Cook has an concept: Apple buys Tesla. Musk is , however one situation: “I’m CEO.” Sure, says Cook. When Apple purchased Beats in 2014, it saved on the founders, Jimmy Iovine and Dr. Dre. No, Musk says. Apple. Apple CEO. “F— you” Cook says, and hangs up.Excerpt from the e book ‘Power Play: Tesla, Elon Musk, and the Bet of the Century’ by Tim Higgins

Elon Musk denies claims, says the assembly by no means occurred with Tim Cook
Following the explosive revelation involving two highly effective males, Elon Musk denied the incidence of any such incident. “Cook & I have never spoken or written to each other ever. There was a point when I requested to meet with Cook to talk about Apple buying Tesla. There were no conditions of acquisition proposed whatsoever. He refused to meet. Tesla was worth 6% of today’s value.”
Screengrab of the tweet by Elon Musk
An previous tweet by Musk, courting again to December 22 final yr, had additionally surfaced on the micro-blogging platform. In the stated tweet, he had reiterated how Tim Cook refused a gathering for the acquisition of Tesla.
Screengrab of the tweet by Elon Musk
In one other tweet, Musk as an alternative praised the Apple CEO for doing an unimaginable job. He emphasised, “Indeed. Both Cook & I have been clear publicly that we have never spoken or otherwise communicated. I tried to speak to him & he declined. Nor have I ever expressed any interest in running Apple to anyone. Cook is, all things considered, obviously doing an incredible job.”
Screengrab of the tweet by Elon Musk
On being requested by journalist mark Gurman concerning the contradictions within the anecdote featured within the new e book and the statements of each Apple and Tesla CEOs, Musk mockingly responded, “Higgins managed to make his book both false *and* boring.”
Screengrab of the tweet by Elon Musk.
When a Twitter person (@billhuang688) stated that Musk would have been a greater Chief Executive Officer for Apple, he clarified, “I don’t want to be CEO of anything.”
Screengrab of the tweet by Elon Musk
Apple CEO admires Musk, denies assembly him ever
9to5Mac had earlier reported in April this yr that Tim Cook had by no means met or interacted with Elon Musk. In an interview with Kara Swisher on the Sway podcast, Cook emphasised, “You know I’ve never spoken to Elon, although I have great admiration and respect for the company he has built. I think Tesla has done an unbelievable job of not only establishing the lead but keeping the lead for such a long period of time in the EV space. So I have a great appreciation for them.” While Musk and Cook had denied having any dialog as espoused by Tim Higgins, Twitter is having a gala second discussing the ‘feud’ between two tycoons.

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