By Tim Higgins

Breaking news:

Tesla Inc. Chief Executive Elon Musk said Tuesday that he once approached his Apple Inc. counterpart about the possibility of the iPhone maker buying the electric-vehicle company.

"During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquiring Tesla (for 1/10 of our current value)," Mr. Musk said in a tweet. Mr. Cook, he said, "refused to take the meeting."

Apple didn't immediately respond to a request for comment.

(More to come)

Write to Tim Higgins at Tim.Higgins@WSJ.com

(END) Dow Jones Newswires

December 22, 2020 16:28 ET (21:28 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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