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After years of rumors and speculation, Apple (AAPL -0.66%) is finally shutting down its effort to make a car. In this video, I’ll explain why Apple stock investors should view this as a positive.
*Stock prices used were from the trading day of Feb. 27, 2024. The video was published on Feb. 28, 2024.
Neil Rozenbaum has positions in Tesla. The Motley Fool has positions in and recommends Apple and Tesla. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
