>It's definitely possible that Apple stock could take a hit if Elon Musk is successful in his efforts to create more competition for the company. However, it would likely be short-term and not necessarily long-term. There are other factors at play here as well such as how much of an impact this issue will have on consumer sentiment towards Apple products or any potential antitrust lawsuits against them by governments around the world which may also influence their share price over time.