Tesla Motors Inc (NASDAQ:TSLA) is doing big things (see just how big here). Not only is the company spreading the word about its electric vehicles and the benefits offered, but it is performing quite nicely on Wall Street as well. For the most part, things are going good for the company.
However, there is something that everybody needs to keep an eye on. This includes those who are interested in buying a Tesla, investors, and of course, those who are keeping an eye on what the future of this company is going to bring.
Now that Tesla Motors Inc (NASDAQ:TSLA) no longer owes the United States government any money, there is reason to believe the company could be a takeover target.
The fact that other companies may be interested in acquiring Tesla should not be that big of a surprise. Headed up by CEO Elon Musk, Tesla is on the right track. Even more so, the company is doing things the right way as environmental concerns within the auto industry continue to grow,.
At this point, there is no reason to believe that a takeover is coming anytime soon. After all, it would be hard to imagine a situation in which Musk is willing to give up the company after 10 short years in the industry.
According to a recent piece by Auto News, things could get interesting in the future:
“Should Tesla scale up vehicle sales, it may attract a wide range of buyers such as Google Inc., which has $52 billion in cash and has invested in car technology, according to Robert W. Baird & Co. It may also lure conventional automakers, said Steve Westly, an early investor in the $12 billion company.”
Some people agree with the opinion that Tesla Motors Inc (NASDAQ:TSLA) will eventually be acquired. Others feel that CEO Elon Musk enjoys the direction the company is headed and will not want to handover any control down the road.
The article goes on to add some more information:
“I’ve said from the very beginning, from the creation of Tesla, that our goal is to create a compelling mass-market car,” Musk said. “I would not consider stepping away from Tesla until we’re there,” he added. “We’re several years away obviously.”
This is straight from the mouth of Tesla’s CEO.
Right now it does not make sense for Tesla Motors Inc (NASDAQ:TSLA) to be acquired, but down the road this is a possibility. This is particularly true since the company is no longer in debt to the United State Government.