Car manufacturing is incredibly difficult to pull off at scale and Apple already depends on manufacturing from TSMC and Samsung for its tiny devices. Imagine trying to build a car without a manufacturing partner
Back around 6 years ago, Tim Cook said Apple would be remembered for involvement in health. What’s the status of this? Glad they dumped the car idea as I thought it was stupid
@@MohamedAhmed-fv4gw : Sure fanbois: Apple reportedly slashes Vision Pro headset production and cancels updated headset as sales tank in the US, By Jeremy Laird published April 24, 2024 Very expensive, fairly clunky, so not exactly surprising. LOL
I never thought that Elon could pull off a victory in making an EV mfg biz successful. I looked back at my notes from 2026 and ‘18 I denoted it was nearly impossible bc he had NO infrastructure set up like Toyota GM Ford Dodge and 23 other established companies. What a great leader. I’m disgusted how the Biden Administration left him out of the big EV meeting at the White House and how Sen Sanders and others constantly criticize him bc he should pay more in taxes. Sad.
they wanted to build smth that has never been done before. It was well known they were working on a car without a steering wheel and pedals. They should have focused on a regular ev car but with an apple entertainment info system
Lucid would be a good choice for them. Their cars have the same luxury look and feel as Apple products and Lucid is struggling despite the compelling cars
Traditionally, Apple has 100% refused to do business with Nvidia and picked AMD instead. Let's see if they repeat that trend to their doom. Nvidia isn't winning because of H100's, Nvidia is winning because of cuda.
Lol. Musk is a grifter who is just in it for himself. He would have ended up with billions of Apple’s dollars. And they would have to deal with his totally toxic management style. Would have been a total disaster for Apple.
@@dagobert1234321 Thats what everyone was saying when siri came out. It didn’t happen. Because talking to phone wouldn’t release any dopamine in mind. The real hook is screen and content.
They should buy paramount. I would definitely subscribe to Apple TV if they had all that content with their interface. Plus vr with paramount synergy win them the vr wars and make them compeptative with Netflix. Imagine watching sports front row on apples vr headset with cbs exclusive content?
Apple following Hertz's decision to leave the EV industry is a huge reminder how disruptive industries aren't profitable in the short-term and therefore need to be approached with a very long term view and vision
In the long run we are all dead. Smart of Apple to cut it's losses and not follow the Rivian, Lordstown and Nikola's of the world your long term can't beat solvency issues in the near term.
I’m still waiting for a simple keyboard to connect with my TV so I don’t have to scroll letter by letter to pull up an effing movie. When is that coming?
It's interesting to see that a lot of the things iPhone users are waiting for have been available on Android devices, Honor, Samsung, Google, etc... for years now. At this point, my iPhone will be playing catch up. I think the only difference and advantage that Apple has is that the U.S. media leans more on what Apple does, thus making Apple's offering the most popular.
@@AR-rn8ok I've had both as well and I think both Android and iPhone are really good. It's 2024 and things have completely leveled out in terms of quality and performance. It all comes down to personal preference and/or if you're locked into Apple's ecosystem or not these days. The quality of features, customization, and advancements (AI) are *really* good on Android. The value is all there for the consumer on Android. Much better than it used to be. However, Apple's ecosystem is nice! If you have a bunch of Apple products, it's very inconvenient to switch and Apple has rightfully made it so on purpose.
Current ceo of Apple is killing Apple potential and its shines of what makes Apple Apple, the Steve jobs Apple. That Vision Pro was a Steve job moment, just keep doing these moments, that special programming is extremely exciting(just gotta get the screens inside headset bigger, it’s quite hard to see) car simply needs dedication, unless there’s 300 billion USD cash laying around ready to burn it won’t be fast
You will be prompted to upgrade the operating system in order to continue using features. After attempting to upgrade, the system will inform your that your hardware is unsupported and you need to buy a new car.
This is fabulous news! Now they won't be pouring their marbles down a useless hole. Think about it, no wasted marbles on ridiculous R&D and investing in an infrastructure and most importantly NO exposure to RISK 😊 no product liability lawsuits.... I smell a substantial increase in earnings 😊
"...too far behind..." What? There's already AI and ML built-in to many of Apple's core OS's. Just because they're not explicit about it and market it everywhere like the other companies that latch-on to buzzwords and use it in the most obscure sense, doesn't mean it's not present or in the works. Glad today at the shareholders meeting things were voted down like transparency with AI under the guise of privacy. As said many times before, Apple doesn't show its hand which may affect competition by revealing until something is ready. Some shareholders were trying to eke out the product/service roadmap. All anyone needs to know is that Apple's focus is on seeing what's out there, and determining how they can do it better; they've said this over and over. If they can't do cars better, they don't go down that path, which sounds like despite a lot of effort over several years they're not able to do it, so they're ending the effort, which may result in reassignments, or layoffs.
The money is not in making the vehicle but making the software for autonomous. I bet Apple similar to Apple Car play is focusing on possibly offering the software to vehicle manufacturers for autonomous it’s a smarter bet.
2 car companies? unlikely. Probably be more like 5-10. The legacy autos with merge or go bankrupt. Think only one or two of those will come out. Tesla and BYD are the only obvious ones. I think Rivian has a good chance, just needs to do more funding. then we probably will have a few more china companies. Ford has a chance, especially if they spin off their EV business, and let the ICE business fail with the UAW.
this is a huge failure by the management of apple. The Company will never be the same without its founder, such as Steve Jobs that always pushed against the consensus to achieve huge innovative milestones. Steve woulda never leave the untapped Trillion $ EV market. The Bible even encouraged to finish a project once started.
I'm genuinely disappointed. Tesla needs a competitor. Apple would've been able to make a great car if they would've been able to continue the project. Sad day for tech and automotive.
Weird that you guys are characterizing a R&D effort a failure. Pivoting on this before putting out a product is smart. BTW, what do you guys mean by "AI"? You guys are confusing a chatbot with "AI".
They still are not able to give video paise and resume feature for their iPhone camera. No calculator for ipad cause they want to reinvent the calculator design. Apple is really stupid when it comes to certain things. Such an attitude must have resulted in this project getting doomed.
Making a good Electric Vehicle at scale is just very difficult. The OEM's have yet to come close to replicating Tesla's success. Apple assumed too much.
Why spend all this effort instead of putting an in to software and next version of Apple CarPlay? Let’s be honest self driving cars in the main is about 10+ years away and I got news people like driving cars
Nah their highly overpriced stock is masking the fact that Apple hasn't done anything noteworthy as of late. They simply looked at the competition and gave up.
🍏 THE LONGER APPLE WAITS THE LESS HYPE THE CAR WILL HAVE (MEANING LESS SELLS). IF APPLE CREATES AN ATTRACTIVE ENOUGH APPLE CAR AND THEY SELL THEM EACH @ $40,000 AND THEY SELL 2 BILLION OVER TIME THEY WILL GENERATE $80 TRILLION DOLLARS IN PROFIT MINUS PRODUCTION COSTS. THEY DEFINETLY HAVE THE BRANDING. I HEAR AI IS A BUBBLE.
the reason apple is no longer interested in EV car bussiness because tesla is dominating the industry and apple's foxconn outsourcing contractor cant assemble ev car as inexpensive and robust supply chains like tesla with its mega factory across the world.
Mother of All AI basically fail big time basically. That's what Tim Cook called the autonomous driving was the Mother of all AI. Apple does not have enough of real world miles/data ro move forward, why go in a losing battle if you know you are going to lose.
University of Strathclyde with a BS in CS... Is the guy charge of apples AI program... That explains everything about why apple is so far behind. On paper, I'm more qualified than this guy. Siri is... ugh
So, the batteries in other words aren't the answer, that's what I got from all this mumbo jumbo. Batteries aren't the future so why should Apple be in it, unless they can make something that doesn't need batteries and it looks like that can't or won't anytime in the next 20 years. Tesla has problems going forward, unless he can make a much better and safe battery.
Yeah battery tech has not advanced at all in the past 10 years.. phone batteries that powered our flip phones could easily power our new smart phones for a full 10 minutes. No reason to think batty tech will keep getting better. Just because I switched all my power tools to battery power tools doesn't mean anything. Battery companies are forecasting a 50% reduction in battery costs over the next 2 years.. but what do they know? and ICE cars do catch on fire way more often than EV cars, but that doesn't mean anything. Battries are dumb, we should stop making them for all products. I am going to put my head back in the sand now.
@@ZupE891 , We need a better solution to batteries and internal combustion engines using fuel. It appears Apple doesn't want to touch what the solution might be, which is saddening. No answers by our big corporation folks, we will still need to be at the pump for many years into the future.
@@erichvonmolder9310 What is wrong with the batter approach? Its very safe and getting safer and the cost keeps going down and the range/capacity keeps going up every year. If for some reason you do not think the batteries are not good enough yet, its just a matter of time until they are. I have a Tesla, and have it charged overnight in my garage is an amazing experience, never have to go to a gas station or charging station, just charge at home. and if I do a long roadtrip, the fast chargers are great, and keep getting better. There is literally nothing wrong with the battery solution to consumer transportation as it keeps getting better.
Apple saw the EV issues in the market and avoiding the risk on physical product and salvaging what they’ve learned to digital products that are lower risk
Tim Cook's shrewdest existential decision. Vehicle manufacturing is where capital goes to die before resurrection decades later. There’s just as much invested into the making of the car as to support the ownership experience, which most people don’t even grasp. For instance many thousands and thousands of proprietary Apple Chargers would have to be implanted to insure a consistent Apple level electric charging experience. Of course no OEM can have just one car model. Kiss that fat 44% operating margin goodbye. Even highly experienced Mercedes is backpedaling off pure EV production and Tesla itself has been slashing prices since last year.
![A Day To Remember: Feedback [OFFICIAL VIDEO]](http://i.ytimg.com/vi/iXVnysmQ4e0/mqdefault.jpg)
Car manufacturing is incredibly difficult to pull off at scale and Apple already depends on manufacturing from TSMC and Samsung for its tiny devices. Imagine trying to build a car without a manufacturing partner
And if you don't meet a certain volume, you are guaranteed to lose money.
there are bunch of car factories in China
@@user-kn1oo1be4r ICE not EV
Low margin EV business, good decision to get out sooner than later
bs. Self driving cars were doomed from the start
Apple is not Tesla.Stay making what you understand
Nowhere?
Tim Cook aint no Steve Jobs
He doesn't employ underage Chinese children at a sweatshop in China?
Bro that car would be covered in glass and would shatter as soon as you go over 60 miles per hour💀💀💀💀💀
Back around 6 years ago, Tim Cook said Apple would be remembered for involvement in health. What’s the status of this? Glad they dumped the car idea as I thought it was stupid
By a lawsuit from masimo and being forced to stop selling Apple Watches they succeeded lol
Tim Apple is a bean counter. .
I mean ... for a company that couldn't manage to make a charging mat ... did anyone really think an EV was a realistic target?! 😅
😂😂😂😂💯
And it was Tesla that actually ended up making the charging mat 😂
NGL , That joke about Joe, hit the nail on a head
Apple is having trouble selling a $4000 set of goggles. There is no way they will ever be capable of profiting off of a $250,000 car.
Old news: they back on high demand now
What makes you think they're having trouble selling it?
@@MohamedAhmed-fv4gw : Sure fanbois: Apple reportedly slashes Vision Pro headset production and cancels updated headset as sales tank in the US, By Jeremy Laird published April 24, 2024 Very expensive, fairly clunky, so not exactly surprising.
LOL
It shows you how impressive what Elon achieved
I never thought that Elon could pull off a victory in making an EV mfg biz successful. I looked back at my notes from 2026 and ‘18 I denoted it was nearly impossible bc he had NO infrastructure set up like Toyota GM Ford Dodge and 23 other established companies. What a great leader. I’m disgusted how the Biden Administration left him out of the big EV meeting at the White House and how Sen Sanders and others constantly criticize him bc he should pay more in taxes. Sad.
Apple burning their own cash up
These guys are true Apple fan boys
Apple realized that they're not built for this😂😂
they wanted to build smth that has never been done before. It was well known they were working on a car without a steering wheel and pedals. They should have focused on a regular ev car but with an apple entertainment info system
Enjoy the vid with the $10 in your life savings 😂😂😂
Tesla's competition is coming All over them self 😂
😂😂 Tesla aaaaaaall the way baby!
@kemollen The only girl at the dance is always the prettiest girl at the dance...
Apple looks like they are going to try and make some kind of a deal with Rivian. They both need each other.
@@VincentKarabouladMusique Rivian is a publicly traded company
Lucid would be a good choice for them. Their cars have the same luxury look and feel as Apple products and Lucid is struggling despite the compelling cars
@@DiegoMejia86 He is refering to Apple acquiring Rivian. Majority shares ownership.
There are no profits in EVs. They depend on government rebates and other subsidies. And investor dollars.
@@richardcampbell7255 for now but in the future they will be profitable.
That's the best news I've heard
Traditionally, Apple has 100% refused to do business with Nvidia and picked AMD instead. Let's see if they repeat that trend to their doom. Nvidia isn't winning because of H100's, Nvidia is winning because of cuda.
Traditionally, or recently? I think they stopped using Nvidia graphics cards around 2015. My old 2010 Mac Mini had/has Nvidia graphics.
@@JohnPMiller they haven’t employed an Nvidia gpu in 9 years
They should think about Applying NIO
i guess Tim Apple should have returned Elon's call.
Lol. Musk is a grifter who is just in it for himself. He would have ended up with billions of Apple’s dollars. And they would have to deal with his totally toxic management style. Would have been a total disaster for Apple.
Gasoline is Freedom!
‘We are never going to catch up with Tesla’ - Tim Cook.
I knew this would fail. They dont have Windows.
Hell jokes lmao
This is not a failure, it's a concealed pivot to a more lucrative AI endeavour.
Tim Cook should think of retiring.
Cintas Truck parked right outside the studio and the stock looks great
The real question is do I want to talk to my phone? no way.
You say that now, but in 5 years we will all be doing it
@@dagobert1234321 Thats what everyone was saying when siri came out. It didn’t happen. Because talking to phone wouldn’t release any dopamine in mind. The real hook is screen and content.
Good idea to scrap the project. Too many competitors and not enough buys
yeah, no one needs transportation in the future. there will be no demand for 10k electric cars that have 300 miles of range.
Exactly. It shows Cook is an outstanding leader.
When you can buy a BMW quality car for $20k, there will be more demand than supply.
you means AI does nothing except scam and speculate on its overly inflated potentials conspired and promoted by few greedy investors.
They should buy paramount. I would definitely subscribe to Apple TV if they had all that content with their interface. Plus vr with paramount synergy win them the vr wars and make them compeptative with Netflix. Imagine watching sports front row on apples vr headset with cbs exclusive content?
They have said this before in 2015-2016
They should rather join up with Tesla
So does this mean - mother of Apple's AI died today?
🍎 Should be focusing on fixing Siri before they decide to work on another project.
Lol... The AI expert on this panel doesn't seems to understand anything about AI
who understand AI? it is just a hoax and bussiness scam only.
Simply too much competition, not enough leverage profit margin, lacking confidence.
Photos w/out Joe do indeed look better... just like conversations w/out Joe are also vastly improved.
Thank God
SMART! That market is so saturated, it's not even funny.
Apple following Hertz's decision to leave the EV industry is a huge reminder how disruptive industries aren't profitable in the short-term and therefore need to be approached with a very long term view and vision
Hertz left the EV industry? or did they just sell their EVs that had over 70,000 miles on them? Like they do with all their ICE cars.
When did your brain fall out?
They're downsizing with certain ev's, definitely haven't left that industry.
In the long run we are all dead. Smart of Apple to cut it's losses and not follow the Rivian, Lordstown and Nikola's of the world your long term can't beat solvency issues in the near term.
@@ZupE891 When you sell and don't rebuy that's called leaving.
Blackberry QNX?
There's no pleasing some humans ..........said " HAL 9000 " .....!!!
Did he say he will be reporting to his AI boss????
Now they can go buy paramount in exchange for shares and complete their streaming ambitions rather than doing everything half assed.
I’m still waiting for a simple keyboard to connect with my TV so I don’t have to scroll letter by letter to pull up an effing movie. When is that coming?
You can do that on Apple TV with any Bluetooth keyboard
What is a TV? Sounds old.
This is a problem apple has already solved.
Why are you still waiting on this? If you have an iPhone or iPad you can pull the keyboard up on that. Problem solved years ago.
@@FreeFlightGuy right, problem solved if you have an iPad. Thanks! Oh, and if you don’t have an iPad?
Make sense. Apple should not try anything and everything
Maybe they'll buyout one of the Chinese EV luxury brands like NIO
When you have as much money as Apple you have to take those technology risks. Otherwise you’re just a bank.
It's interesting to see that a lot of the things iPhone users are waiting for have been available on Android devices, Honor, Samsung, Google, etc... for years now. At this point, my iPhone will be playing catch up. I think the only difference and advantage that Apple has is that the U.S. media leans more on what Apple does, thus making Apple's offering the most popular.
Apple makes a better product than Samsung.
And I still can not access my mails with android mail. Only iPhone works correctly. Android has no UWB. Apple has. 🤷🏻♂️
I had a Samsung. It was cool but just didn’t work as great as Apple. Apple software is cream of the crop.
@@AR-rn8ok I've had both as well and I think both Android and iPhone are really good. It's 2024 and things have completely leveled out in terms of quality and performance.
It all comes down to personal preference and/or if you're locked into Apple's ecosystem or not these days.
The quality of features, customization, and advancements (AI) are *really* good on Android. The value is all there for the consumer on Android. Much better than it used to be.
However, Apple's ecosystem is nice! If you have a bunch of Apple products, it's very inconvenient to switch and Apple has rightfully made it so on purpose.
@@joeb8725 Both make incredible products. Apple used to be the only one, but now Samsung. Google, OnePlus, and Hauwei have caught up in quality.
They can't even keep an iphone full charge, a car?
Current ceo of Apple is killing Apple potential and its shines of what makes Apple Apple, the Steve jobs Apple. That Vision Pro was a Steve job moment, just keep doing these moments, that special programming is extremely exciting(just gotta get the screens inside headset bigger, it’s quite hard to see) car simply needs dedication, unless there’s 300 billion USD cash laying around ready to burn it won’t be fast
They should buy paramount and use all that content for vr, iPhone and to expand
You will be prompted to upgrade the operating system in order to continue using features. After attempting to upgrade, the system will inform your that your hardware is unsupported and you need to buy a new car.
This is fabulous news! Now they won't be pouring their marbles down a useless hole. Think about it, no wasted marbles on ridiculous R&D and investing in an infrastructure and most importantly NO exposure to RISK 😊 no product liability lawsuits.... I smell a substantial increase in earnings 😊
Still waiting for a touch screen MacBook Pro!!! Let alone an iCar!!
All that free cash flow be nice if they hired REAL innovators and not imitators.
the hassle of owning an EV is coming home to roost
I’d like to see Apple work on a Hyperloop
Waymo is very close to achieving it, more so than Tesla
"...too far behind..." What? There's already AI and ML built-in to many of Apple's core OS's. Just because they're not explicit about it and market it everywhere like the other companies that latch-on to buzzwords and use it in the most obscure sense, doesn't mean it's not present or in the works. Glad today at the shareholders meeting things were voted down like transparency with AI under the guise of privacy. As said many times before, Apple doesn't show its hand which may affect competition by revealing until something is ready. Some shareholders were trying to eke out the product/service roadmap. All anyone needs to know is that Apple's focus is on seeing what's out there, and determining how they can do it better; they've said this over and over. If they can't do cars better, they don't go down that path, which sounds like despite a lot of effort over several years they're not able to do it, so they're ending the effort, which may result in reassignments, or layoffs.
Buy Rivian, turn it into Apple.
The money is not in making the vehicle but making the software for autonomous. I bet Apple similar to Apple Car play is focusing on possibly offering the software to vehicle manufacturers for autonomous it’s a smarter bet.
And how are they gonna do that without driving data?
better to leave early than later, AI is the future
yeah autonomous cars is not the future, the future is manual driving fossil fuel cars with high gas prices with inflation
Yeah $MSFT know that and is early adopter
Who after all will left 😂
Tesla vs Rivian
this is not a good news for tesla either
2 car companies? unlikely. Probably be more like 5-10. The legacy autos with merge or go bankrupt. Think only one or two of those will come out. Tesla and BYD are the only obvious ones. I think Rivian has a good chance, just needs to do more funding. then we probably will have a few more china companies. Ford has a chance, especially if they spin off their EV business, and let the ICE business fail with the UAW.
Either. It is the best decision besides iphone
More joe Biden lay offs while joe Biden touts his great job numbers!
this is a huge failure by the
management of apple. The Company will never be the same without its founder, such as Steve Jobs that always pushed against the consensus to achieve huge innovative milestones. Steve woulda never leave the untapped Trillion $ EV market. The Bible even encouraged to finish a project once started.
I'm genuinely disappointed. Tesla needs a competitor. Apple would've been able to make a great car if they would've been able to continue the project. Sad day for tech and automotive.
Appl is not a growth stock anymore. It has great products, but then so does Coca Cola. It’s only worth owning now if you can live off its dividends.
Apple can put the money in an existant electric car company or also focuse on AI Tech for a car.
I like it
They prob going to buy Canoo
Weird that you guys are characterizing a R&D effort a failure. Pivoting on this before putting out a product is smart. BTW, what do you guys mean by "AI"? You guys are confusing a chatbot with "AI".
They still are not able to give video paise and resume feature for their iPhone camera. No calculator for ipad cause they want to reinvent the calculator design. Apple is really stupid when it comes to certain things. Such an attitude must have resulted in this project getting doomed.
No one wants an EV except rich yuppies
It's a failure on Apple's part. No dispute!
Making a good Electric Vehicle at scale is just very difficult. The OEM's have yet to come close to replicating Tesla's success. Apple assumed too much.
How many will buy 1 million $ car? Anyone surprised?
Autonomous driving will never work unless there's a neural network that controls the cars. Self driving is a joke.
Why spend all this effort instead of putting an in to software and next version of Apple CarPlay? Let’s be honest self driving cars in the main is about 10+ years away and I got news people like driving cars
Lady please….
Could this also have something to do with Weibao Wang former engineer whole stole NDI secrets and fled over to China?
Nah their highly overpriced stock is masking the fact that Apple hasn't done anything noteworthy as of late. They simply looked at the competition and gave up.
Glasses dude just repeats what other people say like a parrot. Anyway, Apple was right to get out of the EV game. That is a losing business.
AAPL is going to buy RIVN. IMO.
Crapple
It seems AI is proving too much for Apple. Perhaps some multi-billion startups acquisition is underway
apple could've bought tesla for about $50-60bn not too long ago
Due to the upcoming EV car war.
🍏
THE LONGER APPLE WAITS THE LESS HYPE THE CAR WILL HAVE (MEANING LESS SELLS).
IF APPLE CREATES AN ATTRACTIVE ENOUGH APPLE CAR AND THEY SELL THEM EACH @ $40,000 AND THEY SELL 2 BILLION OVER TIME
THEY WILL GENERATE
$80 TRILLION DOLLARS IN PROFIT MINUS PRODUCTION COSTS. THEY DEFINETLY HAVE THE BRANDING.
I HEAR AI IS A BUBBLE.
Guest needs to shut up and take turn to talk
This guy Andrew annoys me. He's woke and not open minded. Pass
Another “the competition is coming” competitor to eat Tesla’s lunch bites the dust. It’s a wrap no one can match or compete with Tesla.
They see the writing on the wall concerning the EV market just like many others do. It's going to be historic.
Electric Vehicles pal are the future and are going nowhere their here to stay stop drinking the kool-aid
Clownshow how is Apple still record highs CROOK ST.
the reason apple is no longer interested in EV car bussiness because tesla is dominating the industry and apple's foxconn outsourcing contractor cant assemble ev car as inexpensive and robust supply chains like tesla with its mega factory across the world.
Mother of All AI basically fail big time basically. That's what Tim Cook called the autonomous driving was the Mother of all AI. Apple does not have enough of real world miles/data ro move forward, why go in a losing battle if you know you are going to lose.
University of Strathclyde with a BS in CS... Is the guy charge of apples AI program... That explains everything about why apple is so far behind. On paper, I'm more qualified than this guy. Siri is... ugh
Apple is so far below Google's AI capabilities. It's not even funny. Apple overall has a lot of catching up to do. Buy a Google pixel folks.
lmao
So, the batteries in other words aren't the answer, that's what I got from all this mumbo jumbo. Batteries aren't the future so why should Apple be in it, unless they can make something that doesn't need batteries and it looks like that can't or won't anytime in the next 20 years. Tesla has problems going forward, unless he can make a much better and safe battery.
Yeah battery tech has not advanced at all in the past 10 years.. phone batteries that powered our flip phones could easily power our new smart phones for a full 10 minutes. No reason to think batty tech will keep getting better. Just because I switched all my power tools to battery power tools doesn't mean anything. Battery companies are forecasting a 50% reduction in battery costs over the next 2 years.. but what do they know? and ICE cars do catch on fire way more often than EV cars, but that doesn't mean anything. Battries are dumb, we should stop making them for all products. I am going to put my head back in the sand now.
@@ZupE891 , We need a better solution to batteries and internal combustion engines using fuel. It appears Apple doesn't want to touch what the solution might be, which is saddening. No answers by our big corporation folks, we will still need to be at the pump for many years into the future.
@@erichvonmolder9310 What is wrong with the batter approach? Its very safe and getting safer and the cost keeps going down and the range/capacity keeps going up every year. If for some reason you do not think the batteries are not good enough yet, its just a matter of time until they are. I have a Tesla, and have it charged overnight in my garage is an amazing experience, never have to go to a gas station or charging station, just charge at home. and if I do a long roadtrip, the fast chargers are great, and keep getting better. There is literally nothing wrong with the battery solution to consumer transportation as it keeps getting better.
Apple saw the EV issues in the market and avoiding the risk on physical product and salvaging what they’ve learned to digital products that are lower risk
Buy Volvo.
Buy RIVN
Possibly.
@@bige6922
The Chinese won’t sell
RIVN is the best bet.
@@bugsy791
Thanks to GOD! Better Focus on AI-Led-Economy.
andrew is a reptilian xD
Only Cathy Wood left who believes in selfdriving cars
Tim Cook's shrewdest existential decision. Vehicle manufacturing is where capital goes to die before resurrection decades later. There’s just as much invested into the making of the car as to support the ownership experience, which most people don’t even grasp. For instance many thousands and thousands of proprietary Apple Chargers would have to be implanted to insure a consistent Apple level electric charging experience. Of course no OEM can have just one car model. Kiss that fat 44% operating margin goodbye. Even highly experienced Mercedes is backpedaling off pure EV production and Tesla itself has been slashing prices since last year.