Apple is branching out in a few different directions, and I have a feeling they are getting a bit overzealous with it, and it's just a prelude to them cutting off all sorts of business in the near future because it wasn't working. The automotive ideas are part of what's not going to work, but I also consider the Apple Watch, ApplePay to be failing initiatives.
There are many investments being made today, but I really don't see much of a point to many of them. And it is all just because mobile phone is no longer a cash cow and social media are having trouble extracting money out of their users. This is why Facebook is into oculus rift, it is why Apple branches out into Watch, Pay and now cars, etc. etc. etc.
The problem with all those little innovations and services is that none of them are as groundbreaking as the previous developments with regards to tech and internet: search/connectivity (Google), the mobile phone, the 'hardware/software marriage OS' (OSX) and the adaptable OS (Windows), those are the big advancements and we are STILL looking at those and the same companies that now try new things are STILL floating on that one big success. It makes sense to look for the next big success, but I doubt it can still be had. We are just looking at small incremental innovations now on the big tech advances of the past decades, and that's not something the whole world will jump onto like they did on the Internet or the mobile phone. All markets are saturated.
Apple is just jumping on the bandwagon and that won't net them any success. Place their position in automotive today, next to the position they had back in their early days when they launched the Macs. Cars *already* use the Apple design philosophy because they have to - everything in a car needs to work flawlessly. Apple won't be special. They can't be special. If anyone is in a position in automotive like Apple was back in the day with the first consumer OS'es, it is Tesla and Google. Tesla for the engine tech, Google for autonomous drive. All the rest will be following or expanding upon its solid position in the market, Apple is the odd one out.
About the price of oil, this is temporary and finite and we all know it, as do Tesla and Apple. The only reason the price is low now is nót because of the unrest in Middle East, it is because Russia is pumping like a madman to keep its economy afloat. And they will only stop when they find a new source of income, which they really haven't got. With the rise of the electric car, oil prices will remain low because the demand will dwindle in the long term. For the medium term, nobody is expecting the trouble in the Middle East to end anytime soon, there is no single investor in the world betting on that to ever happen in their lifetime. The only reason oil prices will go up is because governments will be pushing towards electric or hydrogen at some point, helped by a massive lobbying from the automotive industry, or when we finally run out.