Tesla would consider buying a legacy automaker on friendly terms: Musk
Tesla would consider leveraging the company's $554 billion market capitalisation to buy a legacy automaker, CEO Elon Musk said in an interview with Axel Springer. "We're definitely not going to launch a hostile takeover," Musk said. "If somebody said, 'Hey, we think it would be a good idea to merge with Tesla,' we certainly could have that conversation," he added.