Apple Said to Be Working on Electric Car to Challenge Tesla

(Bloomberg) -- Apple Inc. is working on an electric vehicle, according to people familiar with the matter, showing the consumer-electronics giant is open to stepping outside its lucrative focus on mobile devices. Apple has put a few hundred employees to work on the secretive project, said one of the people, who asked not to be identified because the information is private. Steve Zadesky, vice president of iPhone product design, is leading the effort, the person said. Apple often tests ideas that don’t get released, and the effort work may...