Tesla CEO Elon Musk Believes The Apple Car Will Exist

Tesla CEO Elon Musk recently spoke at Re-Code’s 2016 Code Conference. Interviewers Walt Mossberg and Kara Swisher asked Musk about competition in the electric and autonomous vehicle markets and Musk spoke of the Apple Car and Google. He gave his support for the “Project Titan” venture but made it clear that Apple will be late to the game:

“I think it’s great they’re doing this, and I hope it works out. It’s just a missed opportunity. It’s a couple years…they’ll make a good car and be successful.”

Musk does agree that an Apple Car will come to market. However, he believes that Apple won’t begin production of a car prior to 2020. The speculation is on par with other rumors. In his opinion, the company should have moved sooner and faster on the project. He doesn’t see Google producing a car or becoming any threat to Tesla. He said:

“Google’s done a great job at showing the potential of autonomous transport, but they’re not a car company. So they’d potentially license to other companies.”

Although Musk did acknowledge that Apple could become a direct competitor, he added that due to the time frame, the company will not likely be a major threat in the autonomous vehicle market.

Sources (WSJ, Apple Insider)

2 Trackbacks & Pingbacks

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