Tesla CEO is open to good merging ideas

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Speaking at an Axel Springer event in Berlin on Tuesday, the Tesla chief executive Elon Musk Said that he was open to discussing a merger of his start-up electric carmaker with a rival. And he was asked “whether he would consider buying a rival carmaker given that Tesla’s market value of more than $500 billion would make it easy to launch a takeover bid”.

Musk answered “We are definitely not going to launch a hostile takeover. If somebody said it would be a good idea to merge with Tesla, we would have this conversation”.