HomeTechTechnologyApple (AAPL) Abandons Plans for an Electric Car

Apple (AAPL) Abandons Plans for an Electric Car

Apple (AAPL) cancels its plans for an electric car. Apple is ending a decade long effort to build and electric car, notes Angelo Zino. He talks about how ditching the car initiative could be seen as a near-term positive. He highlights that greater R&D spend can now be allocated towards A.I. initiatives. Tune in to find out more about the stock market today.

Trading 360

28 Feb 2024

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