
Apple has terminated its electric car project, diverting resources towards artificial intelligence projects, despite having invested approximately $1 billion annually. The decision marks a significant shift in the company's strategy, reflecting challenges in disruptive innovation. The Apple Car, which had been in development for a decade, faced numerous obstacles, including indecision and technical challenges. Reports reveal that Apple explored at least 5 different prototypes and held discussions with major automakers such as Mercedes, Ford, and Tesla. The company's stock has suffered as a result of these developments, deepening its slump. Meanwhile, Apple has launched the Apple Vision Pro, indicating a continued focus on innovation.



















How indecision and hubris killed the Apple car https://t.co/jQTLhIjphX by Lewis Wallace
Apple sunk billions into its failed car effort. Insiders say an inability at the highest levels to settle on one thing and do it doomed the project. https://t.co/RwTbeGUabi via @BW
Apple sunk billions into its failed car effort. Insiders say an inability at the highest levels to settle on one thing and do it doomed the project. https://t.co/xpGwwonrLT