Move over Tesla, here's what Apple is cooking up when it comes to electric vehicles:
to confirm Apple’s car plans, but hinted at the possibility, saying “We’ll see what Apple does.
” The company declined to comment on theWedbush analyst Dan Ives said in a note to clients Wednesday: “We continue to believe it’s a matter of when, not if, Apple enters the EV race and this will add another $30+ per share of TAM to the Apple growth story over the next few years…. We would assign the chances of Apple unveiling its own standalone car by 2025 as 60%-65%.”
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