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He was asked in an interview not too long ago if he'd recommend to Apple that they get into the car business, and he said, "Yes, they should!" Odd response if he's expecting competition. I think an acquisition is much more likely, and it would also fall under the explanation of "we need a ton of money". I.e. we agreed to get bought by Apple because of their massive cash engine and operational expertise.

http://www.bloomberg.com/news/videos/b/1df875df-fb0c-4020-be...

Apple has ~200 billion in cash. Tesla's market cap is 25 billion. It definitely could be.

He wants competition because he's positioning himself/Tesla to be a major supplier and as a platform for EVs to use.

It's probably a signal to Google.

Do you have a link?

http://www.freep.com/story/money/cars/2015/02/12/tesla-earni...