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Mar 7, 03:50 AM

Apple Abandons Apple Car Program for AI Projects; Stock Slumps Despite $1 Billion Investment

Apple Abandons Apple Car Program for AI Projects; Stock Slumps Despite $1 Billion Investment

Authors

16

Apple has decided to abandon its plans for an Apple Car program, redirecting resources to AI projects. The stock has slumped instead of gaining, with reports detailing the decade-long development and failed prototypes of the Apple Car.

#Apple #Apple Car

Written with ChatGPT (GPT-3).

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MacTrast@MacTrast
2 years ago
Executive Indecision Ultimately Killed the Apple Car Project #applenews https://t.co/02jQYLtIFz https://t.co/EfxaZT81S2
Cult of Mac@cultofmac
2 years ago
The big news from Wednesday you might have missed: M2 vs. M3 MacBook Air: Which laptop is right for you? https://t.co/q4HsTiqeWQ How to use the built-in Translate app on iPhone https://t.co/fQBPiNeGkt How indecision and hubris killed the Apple car https://t.co/UEZtAIXI7t
Eddy Elfenbein@EddyElfenbein
2 years ago
How Apple Sank About $1 Billion a Year Into a Car It Never Built https://t.co/BqgrG2QTye

Tech /Company Earnings AI /New Products