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Tuesday, April 30, 2024
Checked 4:00 PM; Last Updated 11:35 AM CDT; 16:35 GMT
 

 

Talking Heads Discussion

Oct 17, 2016
Headline: "How Apple Scaled Back its Titanic Plan to Take on Detroit: Apple Inc. has drastically scaled back its automotive ambitions, leading to hundreds of job cuts and a new direction that, for now, no longer includes building its own car, according to people familiar with the project."" [""About a month later, Mansfield took the stage in a Silicon Valley auditorium packed with hundreds of Titan employees to announce the strategy shift, according to people who attended the meeting. Mansfield explained that he had examined the project and determined that Apple should move from building an outright competitor to Tesla Motors Inc. to an underlying self-driving platform.""] Bloomberg


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