he cancellation of Apple's ambitious venture, which has seen billions of dollars invested over the past decade, has sparked mockery online. The American tech giant disclosed its decision to discontinue efforts in producing an electric vehicle, redirecting many employees from the project to focus on productive artificial intelligence initiatives.
Apple's indication of impending layoffs for those involved in the project has fueled the mockery further, drawing responses from social media users. Elon Musk, the owner of rival company Tesla, also chimed in on the news regarding Apple's decision.
While Apple has not disclosed the exact amount spent on the clandestine project internally known as "Project Titan," CNBC reported a hefty investment of approximately $30 billion into the initiative just last year.