“Speculation about Apple’s vehicle project, which is reportedly referred to as Project Titan internally, is as rampant as ever,” Daniel Sparks writes for The Motley Fool. “The latest Apple Car news comes from an update on the so-called ‘poaching war’ between Apple and Tesla Motors as the two companies vie for talent for their electric car teams.”
“Former Tesla vice president of vehicle engineering Chris Porritt was recently “poached” by Apple, possibly to run the company’s electric car project, according to a number of media outlets,” Sparks writes. “But Tesla has confirmed with The Motley Fool that Porritt left that company as early as September 2015.”
“This means that Apple hired a former employee, and didn’t poach a key executive straight from Tesla’s current executive team,” Sparks writes. “This is an important tidbit for investors to understand, as it suggests there were already issues between Tesla and Porritt unrelated to Apple’s hire of the engineer… Whatever happened between Tesla and Porritt remains unclear. But it’s almost certain the auto veteran will be an asset to Apple.”
Read more in the full article here.
MacDailyNews Take: Tesla’s loss is Apple’s gain. Get used to that.
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