Tesla

Apple Inc has employed Ulrich Kranz, former senior executive at BMW AG's electric car division, to assist its vehicle initiatives, confirmed by  Apple on Thursday. Kranz, the recent chief executive of electric vehicle…

Referring to the capability to steer and navigate roads without any driver input, Tesla Inc.'s Chief Executive Elon Musk stated the company is 'very close' to achieving level 5 autonomous driving technology. "I'm extremely…