Apple is not the only company backing away from driverless cars

Oddly, Apple never confirmed the existence of its electric, self-driving car project. The cost of development was not made explicit in expenses. Yet when the project was shuttered, the share price rose 1 per cent. Even without any details it is obvious that jettisoning a decade-long undertaking with no release date should help performance.

https://www.ft.com/content/0ccd1769-51dd-4fa8-b4ed-3f0548d7a425