This project will never lead to a product.
not saying it will but your points to back up your claim are pretty weak
1. Cars last on average now, 10 years. No profit if your customer wont need a new car for ten years and vice versa, no profit if your car doesnt last as well.
$25k profit in ten years is more profit than apple would make if they sold you a mbp every year for a decade.
2 no one will pay a premium for an apple car
what corporation is best in the world at selling premium priced technology?
3. current laws forbid them from selling directly and even if they could, apple would have to set up a resonavle dealership/repairshop network. How many tesla repair shops do you see out there now.
they did ok with getting apple stores out there.. i don't really see them not being able to sell & service cars due to some sort of logistical issue.
also, i don't think apple is aiming to compete with tesla.. probably more like honda.
4 battery tech is still pretty new. The day an electric car, loaded for a family trip, .can go from LA to NY in one charge, that will be a game changer. Currently its from LA to SF maybe.
i don't really think people who drive a lot of long distance trips will be buying one right away.. how often do you family trip from LA to NY in a car? approx never
batteries will definitely improve.. and soon.
im hoping im wrong, but i think Apple is throwing poop to a wall and seeing whata sticks.
idk.. IF the apple car is made, they're definitely doing it at the right time.. cars are the same since 1920 or so and we're on the verge of seeing a shift.. GPS technology and non-petroleum technology.
automobiles are soon going to start the next generation of transportation regardless of apple being in the game or not.. but apple will make it seem (and rightly so in certain regards) as if they were solely responsible for the shift.