Apple spent more than $10 billion working on the apple car over the last decade, According to a report from New York Times.
An electric vehicle with self-driving capabilities would need to cost at least $100,000, And it would have razor thin margins and stiff competition. Apple decided to cancel the project.
The more than 2,000 employees that worked on the car project are being redistributed, Some will join other teams at apple to work on AI and other technologies.
