The Apple Car Could Be Apple’s Next Big Innovation To Reach the $3T Market Cap

An autonomous and 100% electric car.

Image: Getty Images

Buoyed by the ultra-accommodating monetary policy conducted by the Fed since the beginning of the COVID-19 pandemic, Apple has seen its valuation explode over the past 18 months. Apple is benefiting from a tech bubble that has allowed it to exceed $2T in market cap.