Submitted by MarlonBrown on Mon, 2016-05-02 08:06
Lets face it, that day is approaching.
I just hope that a successful high tech company gets it instead of those old school auto makers. Regardless who buys it, expect increase in prices to reflect market value and pressure from the board. I already made a point that the base Model 3 should cost at minimum $39K.
Apple may end up buying it. Elon could become the CEO and he could leverage Apple vast resources to accelerate the delivery of the Model 3 and future models. Honestly under Tim Cook I doubt this car initiative at Apple may work.
Cisco Systems could benefit as well. Cisco has around $60B in cash reserves. Buy Tesla for under $35B and appoint Elon as the CEO.