Tesla CEO Elon Musk is fine with Apple AAPL +0.26% getting into the car-making business.
During Tesla’s first quarter earnings conference call on Wednesday, an analyst posed the following question about Apple’s phantom (as in, officially non-existent) car-making business:
“Apple has, still unofficially perhaps, been making inroads into building up its vehicle engineering and transportation capabilities, according to a lot of sources, and making investments in both physical and human capital. Are you starting to feel a greater sense of competition with Silicon Valley parties versus your ability to track and retain key software and automotive engineering talent? And if Apple were to get into the electric car business, would you see this as a positive for broader consumer acceptance of electric vehicles?”
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