Alternative Energy Tesla-Model-S-Google

Published on July 9th, 2013 | by Christopher DeMorro

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Google Eyeing Tesla Takeover?

Tesla-Model-S-GoogleWith shares of Telsa Motors trading at over $120 each, Tesla Model S production reaching full capacity, and demand outside of the U.S. growing even stronger, things are looking mighty good for CEO Elon Musk. With Tesla Motors doing so well  it begs the question; is Tesla ripe for a takeover by another tech company like say, Google?

That has been the scuttlebutt as of late, with investors and Silicon Valley experts wondering aloud if Tesla isn’t being courted by big-name tech companies. Google is the first name that seems to crop up, though Apple has also been suggested as well. With Tesla “paying off” it’s DOE-backed green loan, the electric automaker is a much more tempting target for a friendly takeover.

Despite having just started production of its first mass-market model, Tesla is valued at around $12 billion as the current darling of Wall Street. Google, with over $50 billion of cash on hand, has invested quite heavily into automotive technologies as of late, including autonomous cars. The tech giant has also invested in other green energy projects in the past, though getting into the auto industry is an entirely different beast.

Still, a Google-backed Tesla could truly redefine the auto industry in the 21st century thanks to both their unique product and a sales system that gives it a distinct advantage (and enjoys huge popular support) over the traditional dealership model. Will Tesla end up in Google’s pocket?

Source: Bloomberg


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About the Author

A writer and gearhead who loves all things automotive, from hybrids to HEMIs, can be found wrenching or writing- or esle, he's running, because he's one of those crazy people who gets enjoyment from running insane distances.



  • Wiggletoes

    With the announcement of a 300,000 mile fuel cell engine that cost about the same as an ICE Google would be wasting their money. The electric car of the future wil be a fuel cell car.

    • http://twitter.com/naworb Naworb McGee

      Incorrect.

    • Albert Bodenhamer

      Hydrogen locks me back into going somewhere to fuel up once a week, and that’s assuming you solve the nasty problems of hydrogen generation, transport, and storage. No thanks.

      Fuel cells have a place in the future (long haul trucking is a good example) but I wouldn’t want to own one.

      • http://twitter.com/naworb Naworb McGee

        Agreed.

    • RobS

      Yes with that announcement hydrogen probably would be the fuel of the future. Care to provide any basis for that claim.

  • Albert Bodenhamer

    Elon has said repeatedly that he isn’t interested in a take over any time soon. That, plus Tesla’s valuation makes this really unlikely. Takeover rumors make for a great story, but that’s all it is, a story.

  • Barry

    If you want to ruin a good thing.

    Tesla is just getting it’s feet on the ground and already they want buy it out.

    It will be interesting to see if Tesla get the same deal Preston Tucker did.

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