Elon Musk confirms meeting with Apple but won't say why

Elon Musk
Maybe Apple execs just wanted to take the Hyperloop to work

Update: Tesla Motors' dynamic CEO Elon Musk has confirmed that he has "had conversations" with Apple, adding that Apple making cars would be a "great idea".

Speaking to Bloomberg, Musk wouldn't be drawn on whether or not Apple is mulling buying Tesla, nor whether Tesla is actually for sale although his evasive answers certainly didn't add up to an outright "no".

What is Tesla more likely up to?

There are plenty of other reasons that Apple and Tesla would be willing work together.

Musk recently announced that his company is creating the world's largest battery plant in the US. Apple could be interested in the lithium-ion batteries that come out of this "giga factory."

Tesla could also be added to the list of car manufacturers supporting Apple's impending iOS in the Car project. So far there are a dozen confirmed automakers, and Tesla isn't one of them.

iOS in the Car is supposed to bring a familiar hands-free interface to the dash of vehicles so that drivers can control music, take calls and get directions without distraction.

There are a lot of commonalities between Apple and Tesla, and although speculation the two are interested in hitching a ride together is fascinating, there's nothing concrete to suggest that just yet.

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Matt Swider