Many investors are salivating at the idea of electronics giant Apple buying the Elon Musk brainchild Tesla — especially with Apple’s supposed interest in getting into the automaking business.

During Apple’s annual shareholder meeting, CEO Tim Cook was asked if he had considered buying Tesla — a question that brought both laughter and applause from the audience, but a vague response from Cook: “We don’t have a relationship with Tesla,” according to a CNN report.

However, Cook did add that he wouldn’t mind having a relationship with Tesla — at least, as a customer. He said he would “love” to have Tesla adopt CarPlay, Apple’s in-car iPhone software.

Cook acknowledged that this didn’t answer the question, joking, “Was that a good way to avoid this question?”

Still, Cook wasn’t off the hook yet, as another shareholder chimed in to say he had first invested in Apple back in 1984 by plunking down an investment in their first computer, and then noted he had fallen in love with another company — Tesla.

“Am I insane to imagine something might happen here?” he asked, again to laughter, but Cook again reiterated that he was “very focused on CarPlay.”

Although a company that got its start making computers before eventually turning into a personal electronics giant may not seem like the kind of company you would expect to jump into the auto business, it’s clear that Apple has been thinking about what’s next now that the iPhone and iPad have matured into the brand behemoths. The company has jumped into the watch business in an attempt to take another stab at another segment of the personal electronics industry, but clearly the company might be thinking of expanding beyond personal electronics.

Reports surfaced recently that Apple had been working on its own electric car, albeit very hush-hush. However, news reports indicated that the company had pulled its best and brightest to work on the project and had employed hundreds — suggesting it was doing more than simply creating a prototype just to see what will happen before dropping it later.

Currently, Apple holds $178 billion in cash reserves, which would be big enough to buy some of the biggest names in the industry, including Disney, Amazon, and Netflix.