Musk has said before that Tesla came within weeks of running out of money when it was struggling to manufacture the Model 3 compact car. That was happening around 2018, when the company's success was far from assured.
Despite Tesla's stock surge in 2020, however, Apple's market value is still about 3.7 times greater than Tesla's.Tesla's CEO Elon Musk has told The Wall Street Journal he's moved to Texas because California has 'taken innovators for granted.'The possibility that Apple could enter the automotive business is not new.
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