Tesla chief Elon Musk says Apple is making an electric car - BBC News

Later in the interview: "Owning a car that is not self-driving in the long term will be like owning a horse - you would own it and use it for sentimental reasons but not for daily use."

"Mr Musk said it was "obvious" that the company would try to make a compelling car of its own.
"It's pretty hard to hide something if you hire over a thousand engineers to do it," he said.
But he did not see the iPhone-maker as a threat.
"It will expand the industry," he said.
"Tesla will still aspire to make the most compelling electric vehicles, and that would be our goal, while at the same time helping other companies to make electric cars as well.""

Tesla chief Elon Musk says Apple is making an electric car - BBC News