SAN FRANCISCO (KCBS) — Tesla very nearly became a part of Google when the electric car company was cash-strapped and on the verge of bankruptcy, according to a published report.
Bloomberg reported that Tesla CEO Elon Musk presented Google co-founder Larry Page with a deal for Google to buy Tesla outright for $6 billion when including a big premium over Tesla’s value at the time.READ MORE: COVID: Bay Area Health Officials Say Some Areas Would Be Vulnerable To Omicron Variant; Holdouts Seek Vaccine
Tesla was struggling at the time with Model S issues, but soon the car’s sales improved and Musk ended the talks as Tesla was able to repay its loan from the government.READ MORE: Fantasy Football Start Or Sit Week 13: Elijah Mitchell Looks To Take Advantage Of Seahawks' Defense
Google can only wonder what could’ve been as Tesla is now valued at about $26 billion dollars, while Google continues to develop its own self-driving technology, with hopes of bringing a car to market by 2020.
It’s been reported in the past year that Apple may be interested in buying Tesla as well.MORE NEWS: COVID: As Offices Sit Empty, Investors Bet Big On Strong Recovery For Downtown San Jose