<p>Apple has made the decision to halt its long-rumored project to create an electric car and instead focus on generative AI. The cancellation of the autonomous electric car project has resulted in layoffs for some employees, while others will be shifted to work on the company’s AI initiatives. This move comes as the electric and autonomous vehicle industry faces challenges and affordability issues. Industry analysts see Apple’s decision as a strategic move and investors are celebrating the shift in focus.</p>


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Apple has shifted its focus from creating an electric car to generative AI, resulting in layoffs for some employees. This strategic move is seen as a response to challenges in the electric and autonomous vehicle industry.

Apple's Electric Car Project Cancelled: Focus Shifts to Generative AI