Apple wants to produce electric cars as early as 2020


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Apple-mania might reach a whole new level as soon as 2020. The company is working on an electric car, according to a Bloomberg report.
The tech giant has been accused of stealing employees from Tesla, offering $250,000 signing bonuses and 60 percent salary increases. Sources told Bloomberg that Apple already has a team of 200 people working on its electric car. The company apparently "sought out experts in technologies for batteries and robotics," Bloomberg reports.
Bloomberg also cites a lawsuit filed against Apple this month, alleging that Apple has started an "aggressive campaign to poach" employees from battery-making firms such as A123 Systems, as well as from Panasonic, Samsung, and Toshiba.
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Meghan DeMaria is a staff writer at TheWeek.com. She has previously worked for USA Today and Marie Claire.
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