Elon Musk has given the world another reason to believe that Apple (NASDAQ: AAPL) is designing an electric car to compete against his own company, Tesla (NASDAQ: TSLA), at some point in the next five years.
“I think it’s great they’re [building a car], and I hope it works out,” said Musk at Vox Media’s Code Conference on Wednesday. “It’s just a missed opportunity… They should have embarked on the project sooner.”