According to Bloomberg News,$Apple(AAPL)$The development of electric vehicles is being accelerated, focusing on fully automatic driving capability and solving related technical challenges that plague the automobile industry. Affected by this news, Apple's intraday changes surged.$Tesla Motors(TSLA)$,$Rivian Automotive, Inc.(RIVN)$And LCID plummeted.Today, people familiar with the matter said that Apple has reached an important milestone in the development of the autonomous driving system, which is the foundation of this car. Apple believes that the processor has completed most of the core work and will be used in the first generation electric vehicles.Apple's internal goal is to launch self-driving cars within four years. However, the time is uncertain, and whether it can achieve the goal
Apple car is coming, what’s next for TSLA, RIVIN AND LCID
According to Bloomberg News,$Apple(AAPL)$The development of electric vehicles is being accelerated, focusing on fully automatic driving capability and solving related technical challenges that plague the automobile industry. Affected by this news, Apple's intraday changes surged.$Tesla Motors(TSLA)$,$Rivian Automotive, Inc.(RIVN)$And LCID plummeted.Today, people familiar with the matter said that Apple has reached an important milestone in the development of the autonomous driving system, which is the foundation of this car. Apple believes that the processor has completed most of the core work and will be used in the first generation electric vehicles.Apple's internal goal is to launch self-driving cars within four years. However, the time is uncertain, and whether it can achieve the goal
They have been adding several fleets at a discounted price, no debts owed, the parent and sister company is heavily related and has tons of cash to support one another.
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