Forget plunking down tens of billions of dollars to acquire Tesla, Apple’s rumor mill is churning out gossip that the iPhone maker plans to debut its own electric van.

This latest rumor was kicked off by a German business publication this week. It’s just the latest of a string of ways that observers have said Apple should spend its mammoth $245 billion in cash on hand.

Vans, Not Cars in the Wheelhouses

Up until Manager Magazin’s report, there had been speculation of Apple honing in on a van as an EV concept.

Citing several people familiar with the development, the news outlet reported:

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