One of the companies that has benefitted form the turmoil that is currently underway at the electric car4 maker Tesla is Apple.
According to a report in the new channel CNBC, so far this year, about 46 people have bene recruited by the Silicon Valley technology giant from Tesla.
According to the news report which was based on profiles of people on Linked in, Apple has hired engineers who have worked on mechanical design and autonomous driving and global supply chain managers and eight engineering interns.
The management structure at Tesla Inc was restructured by tesla CEO Elon Musk in may this year when – in an internal memo Musk claimed that the restructuring was aimed to “improve communication, combining functions where sensible, and trimming activities that are not vital to the success of our mission.”
In that same month, leave of absence from the company was taken by Doug Field, a senior vice president of engineering who oversaw production of the Model 3 vehicles.
And just two weeks ago, an announcement was made by Apple stating that Field had returned back to the company. He had earlier worked with the iPhone maker before he left Apple to join Tesla in 2013. Apple said that he had rejoined in the electric-car project of the company.
Talent from other companies is also being hired by Tesla. Those hiring include that of Neeraj Manrao from Apple, as well as others from tech companies like Snap, Amazon and Ingersoll Rand.
In 2015, Musk said in an interview to a German newspaper, “We always jokingly call Apple the ‘Tesla Graveyard.’ If you don’t make it at Tesla, you go work at Apple. I’m not kidding.” But the flow of talent between the two companies may be reversing because of the intensity of Tesla’s production challenges in more recent times.
A Tesla spokesperson told CNBC: “We wish them well. Tesla is the hard path. We have 100 times less money than Apple, so of course they can afford to pay more.”
Many in the market has been for long considered Apple to be one of the potential acquirers of Tesla and there has been increased speculations of a merger between the companies in recent weeks because of the erratic behavior of Musk even as the comcar maker struggles to meet its ambitious production goals.
(Adapted from Fortune.com)