Apple car project dead after multiple delays – report

AutoExec Summary
Apple has reportedly cancelled its long-awaited autonomous car project, codenamed Titan, after years of delays and significant investment. The project, which was expected to launch as early as 2026, has been axed due to cooling demand for electric vehicles. Some staff will be moved to Apple’s artificial intelligence division, while others are expected to be laid off. Tesla has also warned of lower growth in demand for battery-powered models in 2024.

Brands mentioned: Apple, Tesla