Why did Xiaomi build a car in three years, while Apple spent tens of billions of dollars in ten years and failed to build one? Is it because Apple’s R&D capabilities are not as good as Xiaomi’s?

Apple set excessively high expectations from the beginning, insisting on building an L4-level autonomous vehicle and a completely different science fiction product. The company's top executives are constantly wandering between ideals and reality.

When they discovered that such a product was still unable to be implemented and commercialized, and found that such a product could not be popularized at all, and the gross profit margin was even less than 20%, the car project could only be postponed again and again. By the time AI becomes the latest hot topic, car projects are no longer attractive and cannot raise stock price valuations. Investors only want to see AI, or AI.

Apple does not need a car platform. Except for new power manufacturers, almost all mainstream car companies are accessing CarPlay. #DOGE #sol #WIF #BTC #SHIB