Tesla's market value has fallen by more than 30% in recent months.

The NYU professor Scott Galloway, known for his famous Amazon-Whole Foods call, said it's likely to be cut in half from here.

That discount could make Elon Musk's company a prime takeover target for a technology firm.

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In March, the NYU professor Scott Galloway made a bold prediction at South by Southwest: This will be the year that Tesla begins to unravel.

Two months later, his claim is starting to look like it could come true. Shares of Elon Musk's electric-car maker have plunged more than 35% to trade below $200, as Wall Street analysts worry that underlying demand for the vehicles may have disappeared.

Galloway, who correctly called Amazon's Whole Foods acquisition back in 2017, is now predicting a Tesla acquisition.

"I think investors are finally getting fed up," he said on a Recode podcast with Kara Swisher published on Friday. "My prediction is within 12 months Tesla is sub $100 per share and it probably gets acquired because there's real value there."

Tesla did not immediately respond to a request for comment.

The big question is by whom

Most automakers don't have enough cash on hand to be able to shell out the tens of billions of dollars for Tesla.

"Even if it goes from $35 billion to $17 billion ... there's maybe a couple companies that could buy it: Maybe Toyota, maybe Daimler Benz, but that's a bet the ranch kind of bet," Galloway said, adding that bids could include a premium that would make the deal's value total between $20 billion to $25 billion (still less than Tesla's current $34 billion market value).

Instead, he's predicting a tech buyout. Rumors that have circulated for years that Apple once made a bid for Tesla.

"The guys that could acquire it, that have the balance sheet, are the tech companies but they don't want to go into a low-margin business," Galloway added. "So would Google start to see the car as a platform for more advertising maybe?"

Amazon is also interested in the automotive industry, CEO Jeff Bezos said recently. The company has made a substantial investment in Rivian, a new company building electric SUVs, and has plenty of cash to make another buy ($17 billion on its most recently disclosed balance sheet).

"It's a great brand, it's a great product," Galloway said of Tesla, adding that the major four American automakers likely won't buy it: "They don't have the money."

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