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THE DAILY INDEX

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PROGRAMMING, DESIGN & DATA SCIENCE

TLDR

APPLE SPENT MORE THAN $10 BILLION ON APPLE CAR BEFORE CANCELING PROJECT

Apple spent more than $10 billion working on the Apple Car since the project first launched in 2014. The money was spent on research and development, with thousands of engineers and car experts working on the project. Apple was never able to find the right leader for the project - the project had four different leads over its course of 10 years. Most of the more than 2,000 employees who worked on the car project will be redistributed, while some will be laid off. Apple will apply its learnings from the car project to other devices.

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