…aaaanndd it’s gone!
Rumors and stock premia and more rumors and now 16 years after plans to build an Apple electric car began with founder Steve Jobs in 2008 , it’s over!
Bloomberg reports, according to people with knowledge of the matter, the mega-cap tech company is abandoning one of the most ambitious projects in the history of the company – its effort to build an electric car . Apple made the disclosure internally Tuesday, surprising the nearly 2,000 employees working on the project, said the people, who asked not to be identified because the announcement wasn’t public.
The decision was shared by Chief Operating Officer Jeff Williams and Kevin Lynch, a vice president in charge of the effort, according to the people.Finally, of course, Elon Musk had some brief thoughts… 🫡 🚬 https://t.co/f5wn0y95gx — Elon Musk (@elonmusk) February 27, 2024 As Bloomberg highlights, the decision to ultimately wind down the […]
Read the Whole Article From the Source: www.zerohedge.com
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