A rumor that the Apple may be planning to enter the electric car market was enough to make the Cupertino giant's shares soar. On Tuesday alone (22/12), the company's value rose 2,85%.

According to a Reuters report, the company has a project to develop electric vehicles in the coming years, more specifically until 2024. On the day the article came out, Monday (21/12), the Apple had an appreciation of 1,2%.

Interestingly, Tesla, the largest electric car manufacturer today, saw its shares fall 6% yesterday. On Tuesday, the company also closed lower. Even without an official announcement, Apple has already created a dispute, at least in the investment sector, for the market for electric vehicles.

The movement was so strong that even Elon Musk, founder of Tesla, used his Twitter to comment on the news. The billionaire said he finds it strange that Apple to be developing electric cars, as he even tried to offer Tesla to the Cupertino giant for 10% of its current value.

Rivalry even without announcement

According to Musk, he tried to set up a meeting with Tim Cook, CEO of Apple, when Tesla was struggling financially while trying to develop its first model. However, he said Cook declined to meet with him.

“During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquire Tesla (for 10% of our current value). He refused to hold a meeting,” Musk explained, without specifying in what year this happened.

After a period of hardship, Tesla became the most valuable car manufacturer in the world. The company is now valued at $600 billion, well ahead of Toyota and Volkswagen, more traditional companies that occupy second and third place on the list.

Now according to the Reuters article, Apple is interested in this market and intends to produce electric cars with long-lasting batteries from 2024. According to the text, the giant has Doug Field, who previously worked at Tesla, leading the project, which is still in its initial phase.

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