Apple and Tesla: Is the Idea That Crazy?
While Apple has been languishing with a struggling stock and investors gripped with growing concerns, Tesla Motors continues to perform. But is there a synergy between the two? Cole Wilcox of Longboard Asset Management seems to think so, suggesting that if Steve Jobs were still alive, he would have already made the acquisition. It seems unlikely that Apple will dive into such a new market, or that Tesla would necessarily welcome the offer, but the idea is not completely without merit.
In the video below, Fool.com contributor Doug Ehrman discusses what such an acquisition would do for Apple and why Wilcox may be onto something interesting.
The article Apple and Tesla: Is the Idea That Crazy? originally appeared on Fool.com.Fool contributor Doug Ehrman has no position in any stocks mentioned. The Motley Fool recommends Apple, Google, and Tesla Motors. The Motley Fool owns shares of Apple, Google, and Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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