Apple Car Loses Three More Engineers

The transcript discusses recent executive departures from Apple's car project, highlighting Doug Field's move to Ford. It explores Apple's decision to focus on a fully autonomous vehicle, aiming for a 2025 release. Despite challenges, including key personnel losses, Apple's expertise in software and market confidence remain strong. The company's potential impact on its stock price and market cap is also considered.

What is the significance of the $3 trillion market cap mentioned in the text?

How does the text describe the current state of Apple's car project team?