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Apple Inc. (NASDAQ:AAPL) Keeps Poaching Tesla Motors Inc (TSLA) Talent

apple inc (AAPL) Project Titan

Apple Inc. has poached new hires with automotive backgrounds  in recent weeks to work on its secretive automotive effort called Project Titan as suggested by profiles discovered on LinkedIn. Hal Ockerse is one of the recruits who is now working with an unspecified software engineering team, says a report from MacRumors.

apple inc car

New hires with auto background

Ockerse was previously employed with Tesla Motors , where he worked on hardware architecture and advanced driver assistance systems. He has also worked with a firm called Gentex for 11 years on similar projects.

Another new hire is Subhagato Dutta, who has worked with Texas Instruments on an automotive algorithm team. Yakshu Madaan, another recent hire by Apple, will serve as a technical program manager. He has worked with Tata Motors, an Indian auto firm, as an operations manager. Madaan has also worked as a research assistant at the IIT and UBC, where he helped in the development of fuel injection concepts.

Apple Inc. has a secret facility in Sunnyvale, California equipped for auto work, where work on the project Titan is in process, Apple Insider reported in March. It is largely believed that an electric car is being developed by Apple, but recent reports claim that it could be a self-driving car as well.

Tesla Motors Inc is the main target for Apple

So far in 2015, many people with auto experience have been hired by Apple, but the major recruitment target has been Tesla. One of Tesla’s top engineers Jamie Carlson was picked up by Apple last month. Apple and Tesla have been in poaching for since quite some time now.

Previously, Tesla Motors CEO Elon Musk commented on the so-called poaching war between the two firms and alleged electric car plans of Apple. Musk said it would be great if Apple entered the electric car market.

Musk said no sort of a war is going on, and even if it is there, Tesla would win. Musk told investors and analysts that no major attrition of engineers has taken place from Tesla to Apple Inc. . He added that Tesla hired five times the number of employees hired by Apple from Tesla.

On Tuesday, Tesla shares closed down 4.19% at $238.63. Year to date, the stock is up over 7% while in the last one-year, they are down almost 12%.

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Aman is MBA (Finance) with an experience on both marketing and Finance side. He has work as a Risk Analyst for AIR Worldwide, and is currently leading VeRa FinServ, a Financial Research firm. Favorite pastimes include watching science fiction movies, playing PC games and cricket.

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