An analyst who spoke with CNBC recently believes that one of the Detroit Big Three automakers is interested in acquiring Tesla and the two could reach an agreement as early as 2014.
Yra Harris of Praxis Trading said he thinks General Motors will do what it can to try purchasing Tesla, feeling that the two automakers are "such a perfect fit," according to ValueWalk.com.
GM said recently it is interested in getting into the luxury EV market, and acquiring Tesla would help them accomplish that.
Harris feels that Tesla has the technology GM wants, and it would be easier for GM to purchase Tesla than try recreating the technology.
The only thing that could get in the way of the deal is Tesla, according Harris.
Shares of Tesla have been up and down since reaching an all-time high this past September, mainly due to three recent car fires that occurred in under six weeks. If Tesla is able to get to a "reasonable valuation based on growth," Harris could see Tesla being purchased by GM.
Tesla recently received some good news when its Model S retained its 5-Star Safety Rating from the NHTSA. The vehicle was retested to prove how safe it is in light of the previously mentioned fires.
Another fire was started in California involving a Model S and its charger, according to CNN. A Model S vehicle was charging up in a family car garage when it caught fire. The charger was supposedly not the reason for the fire according to Tesla, and firefighters cleared the company officially last week as well.
No one was injured in any of the incidents.
See Now: OnePlus 6: How Different Will It Be From OnePlus 5?
