The future, as it seems, is about to be Apple Car vs. Tesla, which could spell worrisome for Elon Musk’s car company. According to reports, the business has been putting years of effort into Project Titan, its very own electric vehicle (EV).
Of fact, even the most upbeat reports indicate that it might take Apple three more years to produce a product. That is if the world’s most enormous corporation determines it is worthwhile.
Tesla has ruled the Electric Vehicle segment for quite some time, but it seems soon it could have a very potent competitor. One of the most well-kept secrets in technology today is the Apple Car.
Apple vs. Tesla: What can we expect?
While Tesla is doing fine in the international electric vehicles market, it is no wonder that Apple Car, if turned into reality, could be the most significant rival it will face. Elon Musk’s Tesla, worth 330 Billion USD, has left no stone unturned in capitalizing and capturing the market by introducing groundbreaking technologies. Being owned and run by the wealthiest person in the world, it has already disrupted the market in its segment hitherto. The Apple Car, if it comes to life, will have to be at least two notches above Tesla cars if it wants to form a solid customer base. Apple Inc. will have to work on automation, control and transmission, and several other areas before being a formidable opponent to Musk’s Tesla. This surely has raised customers’ expectations, and they, without a doubt, will settle for nothing less.
Apple Car’s popularity could sound trouble for Elon Musk’s car company
According to a recent Strategic Vision poll, 24% of consumers “enjoy” the quality of an Apple Car, which seems absurd considering that no one has ever seen one and may never be able to purchase one. In reality, the primary reason Apple might destroy the EV business, especially Tesla if it chooses to deliver a car is just this one figure of 24 percent. If something’s popular to this extent even before coming to life or being available at a nearby showroom, it will be worth waiting to see what happens in the future.