From Investor's Business Daily:
Tesla Motors (NASDAQ:TSLA) CEO Elon Musk says Apple (NASDAQ:AAPL) isn't a serious electric threat, telling German newspaper Handelsblatt that Apple hires from Tesla are failures.
"They have hired people we've fired," Musk said. "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."
Musk conceded that a "car is the next logical thing" for Apple, but says that iPhones and the Apple Watch are not nearly as complex as an automobile.