The details, which remained under wraps until now, come from people familiar with the situation who spoke to Bloomberg. According to the sources, the iPhone maker

Plus, Musk promotes one of his inner-circle to exec and The Boring Company's Vegas Loop has had some unwanted visitors.

As reported by Bloomberg on Wednesday, Apple has worked closely with Chinese automaker BYD. Both companies reportedly reached an agreement around 2017 to build batteries using lithium iron phosphate cells (LFP). The technology would significantly increase the autonomy of the car and was also considered safer than typical electric vehicle batteries.