By John McCarthy

Dan Akerson, a former chief executive of General Motors, has warned Apple against becoming fully embroiled in the auto industry in response to media reports documenting the tech giant’s interest in electric cars.

Following a report from the Wall Street Journal last weekend that Apple has enlisted “several hundred” employees for a top secret electric car project, Akerson claimed the firm’s backers would likely be unhappy to hear the news.

Akerson told Bloomberg: “I think somebody is kind of trying to cough up a hairball here, if I were an Apple shareholder, I wouldn’t be very happy. I would be Read full story ›

Source: The Drum