Apple doesn’t typically make flashy acquisitions, which was why its big buy of Beats last year came as such a surprise. Nonetheless, Internet entrepreneur and angel investor Jason Calacanis makes the case that the stars are aligning perfectly for Apple to make its most massive acquisition yet: A $75 billion buy of electric car maker Tesla that he thinks will happen within the next 18 months.
Calacanis admits he has no inside information for either company but he notes that given Apple’s newfound interest in building cars and Tim Cook’s “obsession” with renewable energy, the two companies seem like a perfect match. He also thinks that Apple could be further persuaded by Tesla’s reported decision to start selling batteries for homes’ energy needs, which would make Tesla much more than just a car company.
Furthermore, Calacanis thinks Apple’s reputation for producing quality products makes it one of the few companies that CEO Elon Musk would even consider selling Tesla to.
“No one else in the world could actually make a run at Tesla, because they either don’t have the cash and, most importantly, they don’t have the ability to give assurances to Elon that they won’t f— it up,” he writes. “Apple’s design team, software, and global distribution would actually LEVEL Tesla up.”
We’re definitely a long way from this becoming a reality, of course, but then again we thought rumors about Apple building its own car were completely ridiculous right up until The Wall Street Journal, The Financial Times and Reuters confirmed they were true within the span of a couple of days.