kpix-7-2013-masthead kcbs 7-2013-masthead

Latest News

Apple Diversifying, Reportedly Talking With Tesla Motors

View Comments
(CBS SF)

(CBS SF)

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Trending Stories On CBS SF

sailing accident redwood city copy Apple Diversifying, Reportedly Talking With Tesla Motors Sailor Killed In Redwood City Boating Accident Identified

484889689 8 Apple Diversifying, Reportedly Talking With Tesla Motors When Is The Next Blood Moon? October 8th Date For Rare Lunar ‘Tetrad’

sjaxscene1 Apple Diversifying, Reportedly Talking With Tesla Motors Driver Suffers Life-Threatening Injuries In San Jose Crash That Closed Almaden Expressway

fatal fire Apple Diversifying, Reportedly Talking With Tesla Motors Mother, Young Son Killed In San Francisco Sunnydale District Apartment Fire

bart car Apple Diversifying, Reportedly Talking With Tesla Motors BART Gives Public A Look At ‘Fleet Of The Future’ For 1st Time

CUPERTINO (CBS SF) — Could Apple be branching out into cars? Looking for the next big thing, the merger and acquisitions chief, Adrian Perica, met with Tesla’s CEO Elon Musk last spring, according to sources talking to the San Francisco Chronicle.

Apple’s smartphone and tablet sales have slowed as the devices saturate the market, so investors are always looking for the next big thing.

An analyst last October fanned the flames of acquisition speculation. Adnaan Ahmad with Berenberg wrote an open letter to Apple Chairman Arthur Levinson and CEO Tim Cook, suggesting the radical idea that Tesla is the right vehicle for Apple’s growth, leading to revenue opportunities that could lead to innovation well beyond computers, phones, and tablets.

CNET reports Apple is already working to integrate its iOS into car dashboards, making an announcement last year at WWDC. It also has a deal with Ferrari for infotainment, using Siri’s voice software and iPad minis for the passengers.

READ MORE FROM CNET: Apple & Tesla Talk

Tesla public relations managers are not commenting, and Apple hasn’t responded to the Chronicle, nor to CBS SF partner CNET.

READ MORE IN THE CHRONICLE: Besides Cars, Apple Is Exploring Medical Devices And Heart Attack Prediction

View Comments
blog comments powered by Disqus