Apple is a company flooded with talent, tons of capital and huge visions for the future. As it turns out, Tesla is a company with the same exact things. No wonder the rumor mill about a rivalry brewing between the companies seems to be churning at full speed.
Last week, Bloomberg reported that Tesla has been poaching and winning over some 150 Apple employees. On Monday, Business Insider reported an Apple employee wrote that Tesla employees were "jumping ship to work at Apple."
"Apple's latest project is too exciting to pass up," the Apple employee reportedly told Business Insider. "I think it will change the landscape and give Tesla a run for its money."
Whatever project that may be, it's likely not the iCar. Morningstar analysts David Whiston and Brian Colello told CNBC that the competition between the two companies might center around the software that comes with future autonomous cars.
"Apple may want to be in that area, too, but with technology for the entire auto industry, not just for Tesla," Whiston and Colello said. "We don't see Apple being a car manufacturer, but you never know."