Apple has abandoned its multibillion-dollar electric vehicle project, with some employees transitioning to the generative artificial intelligence team. Apple's stock continues to rebound, receiving positive feedback from the market. Nearly 2,000 employees were informed that the project has ended and will be transferred to the AI department. Tesla CEO Elon Musk has responded. Apple's venture into car manufacturing originated from the 2014 "Titan" project, ultimately choosing to exit the造车领域. Tesla's delivery volume has increased by 38% year-over-year. New Chinese automakers are expanding their market presence, with Xiaomi's car set to launch. Apple will continue to invest in XR and spatial computing, and will introduce an intelligent Siri in iOS 18.
Apple Terminates Billion-Dollar Electric Vehicle Project, Employees Shift to AI Team
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