"Apple Abandons Electric Car Project, Impacting Workers and Industry Rivals"

Apple has canceled its long-running autonomous electric car project, resulting in layoffs for hundreds of employees and a shift of some remaining workers to generative AI projects. The decision comes amid reevaluations of investments in electric vehicles by major automakers and increased scrutiny on autonomous vehicle projects. The project, known as "Project Titan," had oscillated between creating an all-electric Tesla competitor and a fully-autonomous vehicle. The announcement was made in a short meeting by Apple's COO and the VP in charge of Titan, signaling the end of a project that once had around 5,000 workers dedicated to it.