Why Apple buying Tesla is no longer a crazy idea: 4 things to know

Although the idea that Apple should acquire Tesla has been floated multiple times, the deal finally makes sense, according to Business Insider.

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Here are four things to know.

1. Apple will repatriate more than $250 billion in cash due to the new tax bill, making it a good time for Apple to buy Tesla, according to the report.

2. If the deal were to happen, Tesla could help Apple overcome the challenges it is facing with Apple Car. Apple could help Tesla design a completely new vehicle interface that would enhance aspects of Tesla’s current system.

3. Tesla recently announced a new compensation plan for CEO Elon Musk that aims for a $650 billion market cap. According to Business Insider, the ambitious goals in the compensation plan could lead to inefficiencies at a time when the company’s top priority should be satisfying customers.

4. Tesla currently has 400,000 mostly unfilled pre-orders for the Model 3 mass-market vehicle. Apple CEO Tim Cook, who is a genius when it comes to supply chain, could help Tesla with this problem, according to Business Insider.

Read the full Business Insider article here.

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