-
Apple's Abandoned EV Project Almost Used Siri As The Steering Wheel, Began After Reported Deal With Tesla Fell Through
Thursday, February 29, 2024 - 1:43pm | 795Apple Inc (NASDAQ:AAPL) almost used Siri for its now-abandoned electric vehicle (EV) project. The Cupertino, California-based tech giant also once considered a deal with Tesla Inc (NASDAQ:TSLA). That’s according to a New York Times story highlighting the hardships the Apple EV team went...
-
Tesla CEO Elon Musk Reflects On Hardships After Apple Calls It Quits: 'The Natural State Of A Car Company Is Dead'
Tuesday, February 27, 2024 - 11:19pm | 639Tesla Inc CEO Elon Musk, on Tuesday, reflected on the natural state of the car company after media reports that tech giant Apple Inc has pumped the brakes on its electric car project after about a decade. What Happened: “The natural state of a car company is dead,” Musk said, reflecting...
-
Apple 'Missed Their Big Opportunity To Invest In Tesla,' Says Ross Gerber: 'About Time They Throw In The Towel On This Mess'
Tuesday, February 27, 2024 - 11:08pm | 771Renowned investment figure, Ross Gerber has commented on Apple Inc‘s (NASDAQ:AAPL) decision to halt its electric vehicle (EV) development, shifting its focus onto Artificial Intelligence (AI). What Happened: Ross Gerber, the CEO of Gerber Kawasaki Wealth and Investment Management...
-
Apple Car Can Single-Handedly Solve Growth Challenges And Make Up For 25% Of Tech Giant's Business, Says Munster
Thursday, December 8, 2022 - 8:10am | 541The launch of the Apple Inc.’s (NASDAQ: AAPL) self-driving car could be delayed yet again, according to a Bloomberg report on Tuesday. What Happened: Loup Funds’ co-founder Gene Munster offered his take on the report and the likelihood of Apple rolling out an electric vehicle off...
-
Apple's Self-Driving Car Dreams Go Far Back As Early 2000s, Study Of Patents Show
Monday, July 25, 2022 - 9:12pm | 467Apple, Inc.’s (NASDAQ: AAPL) self-driving car has long been in the works under the "Project Titan" team. What Happened: Apple has made a slew of patent filings in recent years that relate to automotive-related technologies, Nikkei reported Monday, citing a joint...
-
Apple Car Charger Could Be Pretty Similar To iPhone's Magsafe
Wednesday, May 11, 2022 - 12:00am | 491Apple Inc (NASDAQ: AAPL) has obtained a patent that indicates it could use a MagSafe-like charger in its yet non-existent but rumored electric car. What Happened: A revised patent dated Tuesday called “charging station with passive alignment mechanism” describes a...
-
Apple Car Project Loses Another Key Executive: Analyst Says 2022 'Make-Or-Break' Year For EV Ambitions
Sunday, January 23, 2022 - 3:48pm | 542Apple, Inc.'s (NASDAQ: AAPL) self-driving car project, named "Project Titan" has been a non-starter due to multiple issues. The team has seen a mass exodus of executive talent, apparently reflecting uneasiness over the long overdue nature of the plan. What Happened: Apple's...
-
What Investors Should Know About Amazon, Sony And John Deere's Latest Push Into The Electric Vehicle Sector
Wednesday, January 5, 2022 - 6:42pm | 1132Many traditional automotive companies have been transitioning into the electric vehicle space, which for years has been dominated by Tesla Inc (NASDAQ: TSLA) in the United States. While names like Ford Motor Co (NYSE: F) and General Motors Corp (NYSE: GM) are known to be heavily investing in EVs,...
-
Apple Bails Out Drive.ai With Last-Minute Acquisition
Wednesday, June 26, 2019 - 12:07pm | 341Self-driving startup Drive.ai was days away from shutting down its operations before it was acquired by Apple Inc. (NASDAQ: AAPL), according to The Verge. What Happened Drive.ai was founded in 2015 by machine learning researchers at Stanford University and is among the more exciting...
-
Analysts Say Apple's Future Is In Transportation, Not Just A Car But An 'Experience'
Thursday, May 11, 2017 - 8:43am | 441UBS's Steven Milunovich consulted with two notable Apple Inc. (NASDAQ: AAPL) experts to gain further perspective on the company's outlook. The analyst met with Asymco's Horace Dediu and Above Avalon's Neil Cybart, both of whom are positive on Apple's business. Dediu explained to the analyst that...
-
Automakers Shift Lanes As Disruptive Technologies Take Over
Tuesday, January 31, 2017 - 4:57pm | 1482It is the battle of tradition versus the modern, which possess disruptive potential. Traditional automakers such as General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F), Fiat Chrysler Automobiles NV (NYSE: FCAU) and Toyota Motor Corp (ADR) (NYSE: TM) are facing stiff...
-
If Apple's Recent Hires Are Any Indication, The Apple Car Is A Priority
Thursday, July 28, 2016 - 5:19pm | 320Recent evidence suggests some of the countless rumors about Apple Inc. (NASDAQ: AAPL)’s car project could be correct. Over the year, the company’s automotive team has been shaping into an important one. The iPhone maker recently hired Dan Dodge, founder and former CEO of QNX, an OS...
-
Gene Munster Talks Apple's Future On Benzinga's PreMarket Prep
Wednesday, April 27, 2016 - 2:04pm | 402Gene Munster of Piper Jaffray was a special guest on Benzinga's PreMarket Prep show on Wednesday to help dissect Apple Inc. (NASDAQ: AAPL)'s second-quarter results and outlook. Jumping right into it, Munster described Apple's guidance as "disappointing" due to what the analyst believes to be an...
-
Motor Trend Apple Car Marketing Amounts To Nothing More Than Hype
Thursday, April 14, 2016 - 12:03pm | 676Despite no official word from Apple Inc. (NASDAQ: AAPL), circulated rumors about an Apple Car amounted to nothing more than marketing hype, the rumor’s roots have been revealed to be an exercise in brainstorming – concepts created by media outlet Motor Trend. In a Motor Trend...
-
Will Apple Talk About Project Titan At Today's Event?
Monday, March 21, 2016 - 12:46pm | 397Will Apple Inc. (NASDAQ: AAPL) talk about its car project today? Our poll says probably not. A Benzinga Twitter poll found that 75 percent don't expect to hear anything about Project Titan, the code-name given to Apple's car development. Apple Co-Founder Steve Wozniak earlier this...