"Apple Shifts Focus from Electric Cars to AI and Headset Development"

Apple has reportedly cancelled its plans to build electric vehicles after a decade of rumored development, with many employees from the project being reassigned to the company's artificial intelligence division. The move comes as the electric vehicle market faces challenges, including slowing demand and increased competition, leading to other major players like Ford, General Motors, and Rivian adjusting their production plans. Meanwhile, Tesla's sales growth is expected to be weaker this year, prompting price cuts in key markets, and Elon Musk responded to the news of Apple's project cancellation with emojis on social media.