Tim Cook, Ron Baron.

Tim-Cook“We’re focusing on autonomous systems- It’s a core technology that we view as very important.”

Apple CEO Tim Cook states the firm’s car plans finally. Apple will focus on technology first rather than building its own vehicles. Project Titan remains on the table but untouched although Cook described electric driving as a “marvellous experience.”

Ron-Baron“I think it is going to be about $500 to $600 next year, and I think it is going to be $1,000 in 2020.”

Is it wishful thinking or prescience that Billionaire investor Ron Baron exhibits here one wonders. Probably a bit of both given that he has invested in Tesla himself.


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