Apple could take on the likes of Tesla or General Motors

Apple to start building electric car by 2020, is ‘looking to poach Tesla staff’

Apple could start work on the much rumoured ‘iCar’ as early as 2020.

The tech company has apparently been secretly working on a vehicle, and even has a team ready to begin production, reports Bloomberg.

It main competition on the market are currently Telsa Motors and General Motors who are both aiming for a 2017 release of their electric-powered vehicles, which the manufacturers claim can go more than 200 miles on a single charge – and cost less than $40,000.

(If there is one thing that Apple is not known for, that is battery life. So lets hope they won’t be basing any electric battery design around the iPhone battery.)

However, Apple hasn’t actually confirmed if it actually has any plans for a car at all.

The report on Bloomberg states that Apple may decide to end any car efforts if execs are unhappy with the progress. But surely this is a decision they would have to make before spending the $1 billion (approx) needed to develop a car-making facility.

Elon Musk, CEO of Tesla, said that Apple was looking to poach workers, offering $250,000 in bonuses and 60 per cent salary increases.

See the full report here.

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