After Apple Inc. (NASDAQ:AAPL) launched its new iPad Air 6 and iPad Pro models on Tuesday, Tesla and SpaceX CEO Elon Musk raised questions about the tech giant's huge research and development investment.
What Happened: Musk took to X, formerly Twitter, and responded to a meme comparing Apple’s $30 billion R&D spend in 2023 to the marginal improvement in the thickness of its new 11-inch iPad Pro.
The meme was captioned “How It Started” vs “How It’s Going.” In response, the tech billionaire said that considering it was a lot of money that was invested in R&D, the Tim Cook-led company might be working ...