News Summary

• Apple first launched the project in 2014 and let it flounder for more than a decade before calling it off earlier this week.Money was spent on research and development, along with the thousands of Apple engineers and car experts that worked on the project.
• As we detailed in a look back at the Apple Car's history earlier today, the project had four different leads and was scaled up and scaled back several times over the course of the last 10 years.
• Apple spent more than $10 billion working on the Apple Car over the last decade, according to a report from The New York Times that details the issues the project faced during development.
• Way back in 2014, Musk said that he had "conversations" with Apple, but he said at the time that an acquisition seemed "very unlikely."