Tesla CEO is open to good merging ideas


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”.