Ford has confirmed there is no truth to the rumor that Tesla and Elon Musk are acquiring the company, emphasizing that the claims are totally false.
The speculation appears to have been fueled by AI-generated content on platforms like YouTube, where rumors about Tesla's ventures often proliferate.
Despite Tesla’s ambitions in technology, CEO Elon Musk clarified they have no intention of entering the smartphone market unless forced due to external pressures.
Musk noted, "Tesla is in a better position to create a new phone than maybe any company in the world, but it’s not something we want to do."
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