Tesla and Apple at one time were considered to be
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TSLA MC> $1.43 Trillion
AAPL MC> $3.91 Trillion
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While neither Tesla nor Apple ever officially filed for bankruptcy, both companies were considered to be on the verge of bankruptcy at different points in their history: Apple faced near-bankruptcy in the late 1990s, while Tesla struggled financially in the early 2000s, particularly during the 2008 financial crisis, and required significant investment to stay afloat;.
Key points:
Apple:
During the late 1990s, Apple was considered close to bankruptcy due to financial difficulties, but was saved by a significant investment from Microsoft and the return of Steve Jobs as CEO.
Tesla:
Tesla faced major financial challenges in the early 2000s, particularly during the 2008 financial crisis, where CEO Elon Musk had to personally invest funds to keep the company afloat.
Quote:
Patience is Key Rome wasn't built in a day
Icymi