One shareholder told Apple CEO Tim Cook at a company shareholders meeting in March: “I’d like to see you guys buy Tesla,” according to The Financial Times’ Tim Bradshaw. The management of Apple Inc. should consider buying Tesla, said Gene Munster, managing director and senior research analyst at Piper Jaffray during an interview with Bloomberg Radio. Apple has $202.8 billion cash on hand, and When asked for his opinion as to what Apple should do with its huge amount of cash Munster responded: "The big thing they could buy that I would be impressed with is Tesla. They have a lot more money than Tesla I think automotive fits within that camp."
The management of Apple Inc. should consider buying Tesla, said Gene Munster, managing director and senior research analyst at Piper Jaffray during an interview with Bloomberg Radio. Apple has $202.8 billion cash on hand, and When asked for his opinion as to what Apple should do with its huge amount of cash Munster responded: "The big thing they could buy that I would be impressed with is Tesla. They have a lot more money than Tesla I think automotive fits within that camp."