American automotive maker Tesla Motors Inc (NASDAQ:TSLA) has been up to some exciting innovations in the past few years. The company’s Director of Product Design and Project Management Javier Verdura recently got the chance to show an insider look at Tesla’s designs with an RKS Design sessions talk.
Apple and Tesla – Verdura opens up about the auto-maker’s design team
The talk session and Q&A generally discussed the car’s physical designs, Verdura mentioned the GUI design team is made up mostly of former Apple employers. He said there are about five people on the user interface design team which is base in Palo Alto, California. He also mentioned that the user interface is an integral part of the car. This only proves Apple Inc. (NASDAQ:AAPL)’s significance to Tesla.
The following is our rough coverage of the 2021 Sohn Investment Conference, which is being held virtually and features Brad Gerstner, Bill Gurley, Octahedron's Ram Parameswaran, Glenernie's Andrew Nunneley, and Lux's Josh Wolfe. Q1 2021 hedge fund letters, conferences and more Keep checking back as we will be updating this post as the conference goes Read More
Reports of possible Apple and Tesla merger
Earlier this month, rumors surfaced that Apple wanted to acquire Tesla. These rumors were ignited when the iPhone maker’s lead of M&A Adrian Perica met up with Tesla’s chief executive officer Elon Musk. This also ignited reports that the companies wanted to focus on middle market. This is crucial for continued business success, especially with direction changes that could create significant profits or significant failures. Although middle market companies don’t usually consider possible transactions disruptive.
In some ways, a merger between Apple and Tesla would make a lot of sense, especially since both companies create innovative products that connect people to the internet wherever they are. If the two companies decided to merge, it would likely create more innovations. There are also several downsides of the possible merger which include expense and Apple’s lack of knowledge of the auto market. The latter is crucial because the automotive market is vastly different from the electronics market. The bottom line: a merger between Apple and Tesla would be very risky.