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  • 1 Post By krishna77
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Thread: Apple makes Electric Bike maker go bankrupt!!!

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    Default Apple makes Electric Bike maker go bankrupt!!!

    Mission motors which was a electric bike startup (also considered as Tesla of bikes) has gone bankrupt due to Apple poaching its key engineers for its project Titan (supposedly a electric car). Recently, Elon Musk had publicly chided Apple for attempting to poach Tesla's engineering and designing staff. Link to the whole story is below.

    Source: Apple car project and staff poaching blamed for bankruptcy of electric motorbike maker
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    Moderator The Monk's Avatar
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    Default Re: Apple makes Electric Bike maker go bankrupt!!!

    News Approved
    Biking is not about what you have between your legs, its all about how well you use it!!!!!!!

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    Default Re: Apple makes Electric Bike maker go bankrupt!!!

    This is what big companies are capable of. They do not care about corporate ethics and competition laws. Poaching and luring away the best minds in order to boost their own employee profile. After a few years, Apple will launch Titan with an astronomic price tag and will see huge queues outside stores! Feeling bad for Tesla.

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    Default Re: Apple makes Electric Bike maker go bankrupt!!!

    But Success is never guaranteed in this way... honestly.

    Tell me have you ever heard of the name "Samuel Pierpont Langley"??? I'm sure most today haven't, But in the early 1900's he was the most popular man & had received tons of money from the US Military to develop powered man flight & he too hired the best talent of that time! Yet it was Wright Brothers who did it without any sponsorship. So it's not always that Money triumphs, and it's been repeated in history time & again. Yet companies fail to see it & appreciate the fact that it's passion which creates things & not money. Even apple itself was made due to the passion of a man & fought the biggest companies to be where it is! sadly companies forget their roots, origins & purpose.
    max007 likes this.

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    Default Re: Apple makes Electric Bike maker go bankrupt!!!

    Elon Musk's take on Apple was quite interestingly funny to read.

    During an interview with German business newspaper Handelsblatt yesterday, when he was asked to comment on Apple hiring Tesla's engineers for its car efforts, Musk revealed that the people hired by the iPhone maker are those which were fired by the automaker. He added that this is the reason he jokingly calls Apple the Tesla Graveyard. "If you don't make it at Tesla, you go work at Apple," he said On whether he considers Apple as a serious competition, he took another jab at the Cupertino-based company, saying making a car is not as easy as making a smartphone or a smartwatch. "Did you ever take a look at the Apple Watch? (laughs) No, seriously: It's good that Apple is moving and investing in this direction," he said. "But cars are very complex compared to phones or smartwatches. You can't just go to a supplier like Foxconn and say: Build me a car. But for Apple, the car is the next logical thing to finally offer a significant innovation. A new pencil or a bigger iPad alone were not relevant"
    Source: GSMArena

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