Apple Aiming to Begin Electric Car Production in 2020

Re:Apple Aiming to Begin Electric Car Production in 2020 by toomuchtodo on Friday February 20, 2015 @12:41AM (#9079127)

>Apple has something that Tesla does not: gigantic piles of capital. Apple has around $230 billion in cash, which is more than the annual gross revenue of Ford or GM last year. Apple is ready to scale from day 1. Whereas Tesla is following a careful growth strategy, using each model's sales to fund the R&D on the next.

I don't care if you have a trillion dollars, you can only tool up manufacturing capacity so quickly. "Apple is ready to scale from day 1" is laughable. Cars are not iPhones you can outsource to Foxconn for production.

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Re:Apple Aiming to Begin Electric Car Production in 2020 by snowwrestler on Friday February 20, 2015 @02:48AM (#9079423)

I meant financially ready. Tesla's growth rate is limited by their available capital; Apple will not face this particular limitation.

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Re:Apple Aiming to Begin Electric Car Production in 2020 by jti107 on Saturday February 21, 2015 @04:04AM (#9085120)

actually they are limited by battery supply...hence they want to build their own. also use scale to drive down the battery cost

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