Who Will Buy Snap and Tesla If They’re Up For Sale?

As tech giants continue competing to dominate the top spot, more and more thriving companies are going out of business. And with the recent downfall of Snap compared to its competitors and Tesla’s controversial privatization scandal, many customers and investors all over the world are wondering who or which company will acquire these brands should they be up for sale or acquisition. Here’s what the business experts have to say.

The Camera Company

According to the latest rankings, the camera company Snapchat fell on the top 5 spots trailing behind Facebook, WhatsApp, Instagram, and Messenger, as they try mimicking Snap’s camera story features.

Instagram, for example, created an exact clone of the company’s feature almost three years ago. In just 3 months, Instagrams stories had doubled as much as Snapchat users. Its Stories growth rate reached an average of 33% per quarter. Unintentionally, Snap also provided a blueprint for Instagram’s march, making the latter company to become one of the most popular messaging apps following after Messenger, WhatsApp, and WeChat. Instagram also has as twice as Snap’s user base.

According to the business experts, what’s happening to Snapchat is a normal scenario of monopoly.

Snap became a great firm that lit up the startup industry as it provided an inspiration to boost the SoCal VC community, the UCLA, and the entrepreneurship programs at USC. However, it couldn’t compete against the giant social media network Facebook yet.

Facebook has way more features to offer in customer convenience and easy connections across the world, not to mention Snap has been losing users as the years go by. Aside from that, most investors are losing confidence in the social media platform.

Snap’s Potential Buyers

Aside from that, the current Snap’s CFO was a former vice president of finance for Amazon.

The good news, though, is that giant companies like Amazon and Disney may be interested in acquiring Snapchat according to the experts. The giant online shopping retail company Amazon came as a frontrunner, considering they just announced a deal with the company.

Snapchat is said to filter the visual search item from your camera and take you to Amazon’s product page. Meanwhile, Disney might use Snap to become a distribution channel to promote its creative channels (like HBO) to acquire a larger teen audience.

Tesla’s Prowess

Tesla is known as one of the top electric car manufacturing companies in the world. Its CEO, Elon Musk has millions of followers, customers, and investors all over the world due to his creative imagination and innovative ideas.

However, most of its employees are complaining because they’re forced to carry the burden of fulfilling Musk’s impossible promises according to some employees. Aside from that, the number of injured employees allegedly increased due to overwork in trying to meet the production quota of the company.

As if these issues weren’t enough, Tesla’s stocks tumbled after Elon Musk’ controversial New York Times interview where he admitted the funding to get Tesla privatized was yet unsecured, and he’s been taking sleeping pills to force himself to sleep.

Many customers and investors are worried about Musk’ well-being, and whether or not he still has the capacity to lead Tesla.

Musk’ admission not only triggered the plummet of Tesla’s stocks and the investigation conducted by the Securities and Exchange Commission, but it also caused the successive resignation of its top officials. According to the business experts, Tesla can still be saved if the management decides to sell the company.

Apple and Google will most likely be the strong suitors for the said car company. The business experts claim Apple can benefit from Tesla’s high-margin luxury brand, artisan strategy, and vertical distribution. Meanwhile, Tesla’s cars can be a good foundation for Google to realize it’s ongoing plan of producing self-driving cars called Waymo. Most business experts bet on Google as the stronger suitor to acquire Tesla should it be up for sale.