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Musk on hypothetical buyer for Telsa Motors

Discussion in 'TSLA Investor Discussions' started by Stoneymonster, May 9, 2013.

  1. Stoneymonster

    Stoneymonster Active Member

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    From an interview on Bloomberg:

    "Another important question loams on Tesla’s horizon: will the electric vehicle maker get bought out? As Musk told Bloomberg Wednesday, his company would be a very expensive purchase, but it could look good to somebody. “I’d guess it would come from outside the auto industry,” he said. “It would be a buyer with a very large cash position.”

    Gosh, who could he possibly be referring to?
     
  2. hershey101

    hershey101 Member

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    Warren Buffet! :D
     
  3. Johan

    Johan Took a TSLA bear test. Came back negative.

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  4. TD1

    TD1 Member

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    where can I watch that interview?
     
  5. Right_Said_Fred

    Right_Said_Fred Model S - Sig. 283 EU

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    I can think of one, except in all its wisdom it has decided on spending most of that large cash position on buying its own stocks instead of other companies' stocks.
     
  6. sp4rk

    sp4rk Banned

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    I really really really hope he doesn't sell.
    Not until ever car on the road is electric.
    Someone could buy it to shut it down.
     
  7. AudubonB

    AudubonB Mild-mannered Moderator Lord Vetinari*

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    HEY!

    1. I am from outside the auto industry, and

    2. I have a very large cash position!


    or would.....if I sold my TSLA shares......:rolleyes:
     
  8. AnOutsider

    AnOutsider S532 # XS27

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    Google sounds about right, though their track record with purchased properties isnt great.
     
  9. Neech

    Neech Member

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    Or someone like Ford would buy Tesla and ruin everything Elon et al created.
     
  10. elecblue

    elecblue Member

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    When a company is sold it loses its soul to a new master. In the auto industry Tesla would cease to exist as we know it if they were sold. The consumer would not benefit.
     
  11. fjm9898

    fjm9898 Member

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    I see it as, if any car maker is going to outright buy Tesla its going to be one that is hurting in the EV race. Really that put people like Dodge (though i know they dont have the cash) maybe ford if their EV sales dont pick up or BMW. Who i really see buying them is still Daimler. They already own a large portion, not doing much in EVs, and probably have a mountain of cash they are able to drop on them.

    out of the auto industery, ya it have to be said its going to be goople. Tech companys with cash in hand. Google would be able to benefit highly as it seems most of their new fancy ventures are bust at the moment.
     
  12. DrJohnM

    DrJohnM Member

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    I would have thought that a complementary engineering company would be most suited for a takeover. Google is just about adverts and software that is an entry point to the advertising revenue. Great if you want to be driving along and have suggestion of where to stop based on your shopping preferences. Kind of reminds me of the Sirius Cybernetics Corporation Happy Vertical People Transporter.

    A better fit would be a company that uses a lot of batteries (leverage on cost and a common R&D need), electronics, volume purchaser of components (LCD screens), connectivity, global supply chain management and a luxury brand recognition. A company that has great COO who can drive component prices to the floor with just in time delivery but who's corporate leadership is not what it used to be...

    I would be all in favour of an Apple tie-up (if there was one). Cook to go back to being COO with Musk becoming the CEO. Cross sell with a Tesla in every Apple store. Mountings for iPads in the back for the kids to watch films while on the move.

    Stacks of cash looking for a home. A company that aspires to be green and a size big enough to take on the oil companies/legacy car manufactures.

    Basically, take the wheels off and what do you have. A load of electronic circuits, displays, software and batteries all wrapped up in aluminium. Sounds a lot like an Apple product.
     
  13. Johan

    Johan Took a TSLA bear test. Came back negative.

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    It wasn't a spelling error but more a combo of Google and Apple. Google has the innovation and attitude, Apple the cash. But since those two big boys don't play well together I hope Tesla can stay away from both of them for now.
     

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