Apple Cancels Work on Electric Car, Shifts Team to Generative AI
- Apple has reportedly cancelled its electric vehicle project, impacting around two thousand employees.
- The decision follows high interest rates affecting demand for electric vehicles and signals a shift towards artificial intelligence projects.
- Industry reactions include Elon Musk expressing relief on social media, indicating the end of a potential competitive threat.
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Coverage Details
Total News Sources0
Leaning Left22Leaning Right25Center31Last UpdatedBias Distribution40% Center
Bias Distribution
- 40% of the sources are Center
40% Center
L 28%
C 40%
R 32%
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