27-02-2024 23:33 via theguardian.com

Apple reportedly scraps multibillion-dollar plan to build electric car

Reports say tech giant made announcement during meeting and forecast layoffs, ending secretive and resource-heavy projectApple is canceling its plans to build an electric car, according to multiple outlets, ending a secretive project that has consumed immense resources over the past decade. Executives from the company made the unexpected announcement during an internal team meeting on Tuesday, forecasting layoffs and telling employees that many of them would shift to working on generative artifi
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