Tesla’s billionaire founder Elon Musk has denied an unconfirmed story that he demanded to become Apple’s chief executive in a 2016 phone call with the iPhone maker’s head, Tim Cook.
“Cook & I have never spoken or written to each other ever,” Mr Musk said on Twitter while reacting to a narrative from a book that will soon be published.
Set for release on August 10, the book on the electric vehicle maker Tesla, Power Play: Tesla, Elon Musk, and the Bet of the Century, by The Wall Street Journal reporter Tim Higgins mentions a purported 2016 conversation between Mr Musk and Mr Cook.
However, Mr Musk said he did approach Apple’s chief executive during the “darkest days” of the development of Tesla’s Model 3 sedan – currently the world's top-selling electric car – and was willing to sell the company for one tenth of the current value.
“There was a point where I requested to meet with Cook to talk about Apple buying Tesla. There were no conditions of acquisition proposed whatsoever. He refused to meet. Tesla was worth about 6 per cent of today’s value,” Mr Musk said.
“Higgins managed to make his book both false *and* boring,” he added.
Higgins said both Apple and Mr Musk were given “plenty of opportunities” to comment before publication but they did not.
“This anecdote comes from Musk’s own account of the conversation, according to people who heard the retelling at the time,” he said.
Mr Musk, who has more than 58.8 million followers on Twitter, also slammed Apple while sharing his thoughts on its ongoing legal battle with Fortnite maker Epic Games.
“Apple app store fees are a de facto global tax on the Internet. Epic is right,” he said.
In August last year, Epic Games sued Apple after it was removed from the company’s App Store.
The American video game and software developer was removed after it attempted to bypass Apple’s 30 per cent fee by creating its own direct payment system. Apple called this lawsuit a “marketing stunt” while Epic termed iPhone manufacturer’s policy an anti-competitive practice.
“Normally, competitive pressure would force Apple to lower fees, but Apple & Android have a duopoly on phones," Mr Musk said. "When interface familiarity is taken into account, it's basically a monopoly. The effective 30 per cent sales tax Apple charges is hidden from users or there would be an outcry.”
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Company%20profile
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How much do leading UAE’s UK curriculum schools charge for Year 6?
- Nord Anglia International School (Dubai) – Dh85,032
- Kings School Al Barsha (Dubai) – Dh71,905
- Brighton College Abu Dhabi - Dh68,560
- Jumeirah English Speaking School (Dubai) – Dh59,728
- Gems Wellington International School – Dubai Branch – Dh58,488
- The British School Al Khubairat (Abu Dhabi) - Dh54,170
- Dubai English Speaking School – Dh51,269
*Annual tuition fees covering the 2024/2025 academic year
UK’s AI plan
- AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
- £10bn AI growth zone in South Wales to create 5,000 jobs
- £100m of government support for startups building AI hardware products
- £250m to train new AI models
Getting%20there%20and%20where%20to%20stay
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MATCH INFO
Real Madrid 2
Vinicius Junior (71') Mariano (90 2')
Barcelona 0
Oppenheimer
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The%20Iron%20Claw
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MATCH INFO
Liverpool v Manchester City, Sunday, 8.30pm UAE
Iraq negotiating over Iran sanctions impact
- US sanctions on Iran’s energy industry and exports took effect on Monday, November 5.
- Washington issued formal waivers to eight buyers of Iranian oil, allowing them to continue limited imports. Iraq did not receive a waiver.
- Iraq’s government is cooperating with the US to contain Iranian influence in the country, and increased Iraqi oil production is helping to make up for Iranian crude that sanctions are blocking from markets, US officials say.
- Iraq, the second-biggest producer in the Organization of Petroleum Exporting Countries, pumped last month at a record 4.78 million barrels a day, former Oil Minister Jabbar Al-Luaibi said on Oct. 20. Iraq exported 3.83 million barrels a day last month, according to tanker tracking and data from port agents.
- Iraq has been working to restore production at its northern Kirkuk oil field. Kirkuk could add 200,000 barrels a day of oil to Iraq’s total output, Hook said.
- The country stopped trucking Kirkuk oil to Iran about three weeks ago, in line with U.S. sanctions, according to four people with knowledge of the matter who asked not to be identified because they aren’t allowed to speak to media.
- Oil exports from Iran, OPEC’s third-largest supplier, have slumped since President Donald Trump announced in May that he’d reimpose sanctions. Iran shipped about 1.76 million barrels a day in October out of 3.42 million in total production, data compiled by Bloomberg show.
- Benchmark Brent crude fell 47 cents to $72.70 a barrel in London trading at 7:26 a.m. local time. U.S. West Texas Intermediate was 25 cents lower at $62.85 a barrel in New York. WTI held near the lowest level in seven months as concerns of a tightening market eased after the U.S. granted its waivers to buyers of Iranian crude.
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RESULTS
Manchester United 2
Anthony Martial 30'
Scott McTominay 90 6'
Manchester City 0
UAE - India ties
The UAE is India’s third-largest trade partner after the US and China
Annual bilateral trade between India and the UAE has crossed US$ 60 billion
The UAE is the fourth-largest exporter of crude oil for India
Indians comprise the largest community with 3.3 million residents in the UAE
Indian Prime Minister Narendra Modi first visited the UAE in August 2015
His visit on August 23-24 will be the third in four years
Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, visited India in February 2016
Sheikh Mohamed was the chief guest at India’s Republic Day celebrations in January 2017
Modi will visit Bahrain on August 24-25
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GREATEST ROYAL RUMBLE CARD
The line-up as it stands for the Greatest Royal Rumble in Saudi Arabia on April 27
50-man Royal Rumble
Universal Championship
Brock Lesnar (champion) v Roman Reigns
Casket match
The Undertaker v Rusev
Intercontinental Championship
Seth Rollins (champion) v The Miz v Finn Balor v Samoa Joe
SmackDown Tag Team Championship
The Bludgeon Brothers v The Usos
Raw Tag Team Championship
Sheamus and Cesaro v Bray Wyatt and Matt Hardy
United States Championship
Jeff Hardy (champion) v Jinder Mahal
Singles match
Triple H v John Cena
To be confirmed
AJ Styles will defend his WWE World Heavyweight title and Cedric Alexander his Cruiserweight Championship, but matches have yet to be announced
More from Rashmee Roshan Lall
SPECS
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AS IT STANDS IN POOL A
1. Japan - Played 3, Won 3, Points 14
2. Ireland - Played 3, Won 2, Lost 1, Points 11
3. Scotland - Played 2, Won 1, Lost 1, Points 5
Remaining fixtures
Scotland v Russia – Wednesday, 11.15am
Ireland v Samoa – Saturday, 2.45pm
Japan v Scotland – Sunday, 2.45pm
Fire and Fury
By Michael Wolff,
Henry Holt