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What’s The Rivalry Between Apple Inc. (AAPL) & Tesla Motors Inc (NASDAQ:TSLA)?

Apple Inc. (NASDAQ:AAPL) and Tesla Motors Inc (NASDAQ:TSLA) are two innovative companies with different product portfolio, one dealing with electronic equipment’s and other dealing with electric automobiles. But what might possibly ignite a tension between these two giants? Some recent reports suggest that Tesla Motors Inc (NASDAQ:TSLA) has pulled in some employees from Apple Inc. (NASDAQ:AAPL) and vice versa. Editor in Chief of PcMac, Dan Costa talked on CNBC about the rivalry between Apple Inc. (NASDAQ:AAPL) and Tesla Motors Inc (NASDAQ:TSLA).


Some rumors suggest that Apple Inc. (NASDAQ:AAPL) is developing some electronic cars behind the scene, which might possibly rival Tesla Motors Inc (NASDAQ:TSLA)’s EV’s in the future. But Costa said that Apple Inc. (NASDAQ:AAPL) doesn’t seem to do any such development work at the moment. Costa added that Apple Inc. (NASDAQ:AAPL) wanted to develop an innovative electronic cars in partnership with other auto makers, which he thinks that Tesla Motors Inc (NASDAQ:TSLA) has already done.

Costa feels that Apple Inc. (NASDAQ:AAPL) is trying to lure some Tesla employees to understand and steal ideal about the innovation aspects of the future car. About the talent acquisition, Costa feels that every company in Silicon Valley is interested in luring talents from other companies, independent of the company’s nature of work.

“[…] Apple and Tesla are definitely going at each other. If you look at the LinkedIn and do some rough research, these aren’t 100% accurate ofcourse, but you will see about 50 people from Tesla are now working at Apple and about a 150 people from Apple are now working at Tesla. That’s pretty extraordinary,” Costa said.

He added that both the companies have a vision for future and they are in a serious talent hunt at the moment. Apple Inc. (NASDAQ:AAPL) is currently sitting pretty with a cash in hand of around $180 billion. This brings in some suggestion that Apple Inc. (NASDAQ:AAPL) could possibly merge with Tesla. Costa feels that it is an interesting prospect, but he feels that Elon Musk and Tim Cook have completely different management style, which makes the merger almost impossible.

Disclosure: None

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