In your August 3 edition, John Gapper comments on the threat to the German car industry from Tesla (“ Germany’s car industry suffers a Tesla shock”) and Tim Bradshaw looks at the future challenges facing Apple (“ Apple faces tests of strategy in China and US”). Mr Bradshaw wonders whether Apple’s long-rumoured project to build an electric autonomous car will be confirmed.
I have a solution: Apple, out of its $261bn cash pile, could buy both BMW and Tesla (each has a market cap of about $50bn), merging their strengths. The new company’s leading product? The BATmobile, of course.
Paul Temperton