Accessibility Menu
Arrow-Thin-Down
S&P 500
6,801.05
-1.2%
-80.57
Arrow-Thin-Down
DJI
48,356.55
-1.1%
-548.23
Arrow-Thin-Down
NASDAQ
22,438.54
-1.4%
-310.32
Arrow-Thin-Down
Bitcoin
$68,313.00
-1.2%
-$844.35
Arrow-Thin-Down
VG
$11.75
+3.3%
+$0.37
Arrow-Thin-Down
MDB
$259.69
-20.1%
-$65.32
Arrow-Thin-Down
TGT
$119.55
+5.6%
+$6.38
Arrow-Thin-Down
SE
$87.49
-16.8%
-$17.72
Arrow-Thin-Down
PINS
$19.05
+9.0%
+$1.57
Arrow-Thin-Down
PLUG
$2.30
+27.1%
+$0.49
Arrow-Thin-Down
AMZN
$206.88
-0.7%
-$1.51
Arrow-Thin-Down
GOOG
$300.90
-1.8%
-$5.46
Arrow-Thin-Down
META
$650.61
-0.5%
-$2.95
Arrow-Thin-Down
MSFT
$402.61
+1.0%
+$4.06
Arrow-Thin-Down
NVDA
$180.01
-1.4%
-$2.47
Arrow-Thin-Down
TSLA
$391.57
-2.9%
-$11.75
Most Active StocksDaily Stock GainersDaily Stock Losers

Apple's Big Failure in Autonomous Driving

Apple's foray into the auto market didn't make sense from the start.

By Travis Hoium – Mar 6, 2024 at 8:00AM EST

Apple (AAPL 1.44%) is finally giving up on building a car, but this has been developing for years. In this video, Travis Hoium shows how far Apple was behind competitors in autonomous driving and how it likely didn't have the business to succeed in the auto market.

*Stock prices used were end-of-day prices of March 5, 2024. The video was published on March 5, 2024.

Read Next

About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
TMFFlushDraw
X@travishoium

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet, Apple, and General Motors. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, and Uber Technologies. The Motley Fool recommends General Motors and Mobileye Global and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Apple Stock Quote
Apple
NASDAQ: AAPL
$260.94
(-1.43%)-$3.78
General Motors Stock Quote
General Motors
NYSE: GM
$76.10
(-2.13%)-$1.66
Alphabet Stock Quote
Alphabet
NASDAQ: GOOGL
$300.73
(-1.89%)-$5.79
Amazon Stock Quote
Amazon
NASDAQ: AMZN
$206.79
(-0.77%)-$1.60
Nissan Motor Stock Quote
Nissan Motor
OTC: NSANY
$4.82
(-8.19%)-$0.43
Alphabet Stock Quote
Alphabet
NASDAQ: GOOG
$300.94
(-1.77%)-$5.42
Uber Technologies Stock Quote
Uber Technologies
NYSE: UBER
$75.88
(-0.09%)-$0.07
Mobileye Global Stock Quote
Mobileye Global
NASDAQ: MBLY
$8.19
(-1.74%)-$0.15

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services