Apple Said to Be Working on Electric Car to Challenge Tesla

Adam Satariano and Tim Higgins

Apple Inc. is working on an electric vehicle, according to people familiar with the matter, showing the consumer-electronics giant is open to stepping outside its lucrative focus on mobile devices.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.

Read this article on the Terminal Request a demo to learn more

You might like:
  1. Fewest Jobless Claims Since 1973 Show Firm U.S. Job Market
  2. Stocks Decline on Tech Woes While Treasuries Rally: Markets Wrap
  3. Greenwich Mansion Listings Pulled to Wait for a Better Day
  4. Smartphones Are Killing Americans, But Nobody’s Counting
  5. Turns Out It Will Be Congress’s Fault When Stocks Crash