Latest rumor is that they pushed it from 2025 to 2026.
By 2026 it'll be next to impossible to make any serious impact in EV market, certainly not serious enough to affect Tesla.
In 2026 Tesla will be at run rate of 5+ millions cars.
There's no magic in this business.
Even if Apple has a car with that kind of demand, it takes 1 year to build a factory and 3 years to ramp it to 1 million cars a year. This is what Giga Shanghai did and that's faster than anyone ever done it.
So we're talking 2030 for 1 million cars, if somehow Apple can build it's first factory at the same scale and speed as Tesla it's second factory, after lots of painful learning scaling Fremont production.
Plus, without robotaxi what's the point? Luxury brands like BMW / Audi / Mercedes top out at ~2.5 million a year. That's a business, but it's not a Tesla destroying business.
The latest is that they have given up trying to make it autonomous-only and will be looking to launch in the next few years.
Not entirely implausible given that their close partner Foxconn is already making EVs:
https://edition.cnn.com/2022/10/18/business/foxconn-electric...