Apple Rumored to Develop ‘Apple Car’ Alone, Still Seeking Suppliers: Report
Reports earlier this year held that Apple was looking to either Hyundai, Kia or BYD, among others, were to help develop a platform for its upcoming electric vehicle…
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Tesla and Apple Should be Working Together, Says Gurman
In this week’s edition of his Power On newsletter, Bloomberg‘s Mark Gurman talks about how Apple and Tesla are a clear synergistic match on paper, but their products don’t integrate…
Apple Hires Former Mercedes-Benz Engineers For Self-Driving Car: Report
Apple is considering who to award supply contracts to for an upcoming autonomous car, and according to new reports, the company has hired two former employees of another…
Apple Expands Self-Driving Test Fleet in California
Apple’s self-driving test fleet has increased its number of self-driving cars to 69 from 68, as seen from an autonomous vehicle permit issued to the company from the…
Elon Musk and Apple’s Tim Cook Pour Cold Water on New Book’s Wild Tale
Wall Street Journal reporter Tim Higgins recently released his book, POWER PLAY: Tesla, Elon Musk, and the Bet of the Century. The describes itself as “the outrageous inside story…
Tesla CEO Elon Musk Disses Apple During Q2 Earnings Call
During Tesla’s Q2 2021 earnings call yesterday, CEO Elon Musk bashed a fellow technology company for its apparent lack of environmental friendliness and its gatekeeping decisions, among other…
Apple Hires Former BMW Executive and CEO of Canoo for EV Project
After the Apple Car project witnessed several managers leaving in the past few months, the company has reportedly hired one new executive from a former electric vehicle (EV)…
Apple in Talks with CATL and BYD for Electric Vehicle Batteries, Report Says
As Apple prepares to develop its own electric vehicle (EV), the company has been talking to a number of different potential battery suppliers, and has now entered early…
Apple Car Contract May Go to LG Magna Joint Venture: Report
Magna and LG Electronics announced the formation of a partnership to build electric vehicle (EV) components last year, and in a new update, the joint venture may be…
Canaccord Genuity Boosts Tesla Price Target by 155% to $1,071
Canaccord Genuity analyst Jed Dorsheimer said on Monday that Tesla (TSLA) could “radically” change the battery power market with its impressive technology and increased production capacity, according to…
Apple to Use 85 Tesla Megapack Batteries at California Solar Farm
On Wednesday, Apple shared more details of its massive solar farm project called California Flats, located in Monterey County. This new solar farm would be capable of storing…
How Elon Musk Almost Sold Tesla to Google for $6 Billion in 2013
On Tuesday, Twitter user @sumitgrrg summarized Elon Musk’s 2013 handshake deal with Google to acquire Tesla, which was struggling to survive at the time. If you haven’t heard…
Toyota Head Warns Apple of ’40-Year Commitment’ to Customers
Legacy automakers are sharing their concerns, or rather, lack thereof, about the upcoming Apple Car, including a recent set of statements from Toyota’s head executive. Toyota Motors President…
BMW CFO ‘Sleeps Very Peacefully’ Despite Looming Apple Car Threat
German automaker BMW is well slated to handle an electric future, according to Chief Financial Officer Nicolas Peter in a recent interview. Even with threats of Apple, the…
Kia Shares Rise as Apple Car Talks May Still Be On: Report
Over the past few months, rumors of a partnership between Apple and Hyundai – including affiliate company Kia – have made waves across the internet, seemingly leaving the…