After 10 Years of Secret R&D Efforts, Tim Cook Shatters the Apple Car Dream.

Apple has decided to refocus on the AI sector, which has the wind in its sails as demonstrated by Nvidia's success.

For several months now, automakers' enthusiasm for electric vehicles has been declining in America. One wonders whether this is linked to the renewed interest in fossil fuels among investors in America, which I mentioned recently: “Although Decried, Investment in Fossil Fuels Remains a Necessity, and Specialist Funds Could Seize This Opportunity”.

This prevailing pessimism about electric cars seems to have reached Apple and its famous Apple Car project, which has been the subject of fantasy among Apple fans for several years now.

Tim Cook has now announced that Apple is pulling the plug on its electric vehicle project, which was supposed to compete with Tesla.

Here's an analysis of a decision designed to put Apple back on the right track on the stock market, at a time when artificial intelligence is crushing everything in its path.