Apple's (AAPL) Best Shot in the EV Market Might be to Buy Tesla (TSLA)

Tesla (Nasdaq: TSLA) CEO Elon Musk said Monday that it was "obvious" that Apple (Nasdaq: AAPL) was moving to build its own electric vehicle. But, some market watchers don't think that is the case.

Jason Calacanis, CEO at inside.com and tech entrepreneur, was interviewed by CNBC today. In part, Calacanis said he's not sure how far Apple is will to "take it" [development of its own electric car] and might be testing the waters right now. He thinks that the more likely scenario is that Apple is building an operating system for cars with deep integration into the vehicle.

Calacanis also believes that Apple's best chance at putting out a good EV is to convince Tesla Motors CEO Elon Musk to sell the company, which isn't the first time that sort of deal has been mentioned.

The expected time frame on an Apple EV might be five years, Calacanis said.

Of course, some have speculated recently that Alphabet (Nasdaq: GOOG) might be interested in Tesla, and various other M&A scenarios have been brought up from time-to-time.

Amid the chatter, shares of Tesla are up 0.5 percent.

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