Apple Kills Its Electric Car Project

"In the last five years, it spent $113 billion on research and development."

That's a mind-blowing number. I can't even begin to understand it. This is from a company that at one time was on the verge of disappearing.

The IPR value will either go into cold storage, or get sold for it's best price when the time suits. At Apples value, this is chump change. I tend to think it indicates that Apple lawyers and risk planners do a better job than Tesla, when it comes to working out risk:return in autonomous driving. DARPA must have sunk comparable sums getting people to the door.

Do you think they spent more, or less developing the vision pro?