Is the Apple Car going to happen?

Reliable Apple analyst Ming-Chi Kuo said that Apple is working on an Apple Car that will launch between 2023 and 2025, despite rumors suggesting that Apple has ceased its work on an autonomous vehicle and is instead focusing on software.

What is the relation between Tesla and Apple?

The Tesla/Apple companies manage and control the whole customer experience throughout the sales cycle. They both don’t rely on dealers or franchises but use the allure of their products to inspire word-of-mouth and media interest (much like this article).

Who will build the Apple Car?

A report from Korea Times says Apple is close to finalizing deals with LG and Magna International to build the long-rumored Apple Car. New reports have emerged about Apple’s long-rumored self-driving car.

Why Tesla is not a tech company?

However, Tesla’s product reflects its roots in the capital-intensive automobile industry. In that respect, the company is unlike technology companies, which have high margins and low scaling costs.

What happened to Tesla and Apple stocks?

Both Apple and Tesla completed a stock split on Monday—Tesla did a 5-for-1 stock split, while Apple issued a 4-for-1 stock split. And while it may now look like shares magically became a lot cheaper for the two high-flying stocks, stock splits aren’t quite that simple. Here’s everything investors should know.

What does Tesla do better than other auto makers?

As I see it, Tesla currently does at least four things better than all the auto makers: 1. It develops cars as it would a software product. Tesla builds cars by developing software on unique hardware, much in the way Apple develops the iPhone or Microsoft leverages Intel chips and Dell PCs.

How does Tesla build cars?

1. It develops cars as it would a software product. Tesla builds cars by developing software on unique hardware, much in the way Apple develops the iPhone or Microsoft leverages Intel chips and Dell PCs. This enables the company to improve its cars’ software functionality every few weeks.

Is Tesla a Google or Amazon for automakers?

Tesla’s speed in innovation in the market for high-end vehicles is more like a Google or an Amazon than an automaker. And its soaring market valuation is a clear sign to all automakers that they’ll need to develop more innovative, Tesla-like business models in order to survive.

What is Tesla’s story?

What started as a fragmented market of some 200 car makers in the early 1920s gradually consolidated into a few behemoths who erected enormous, capital-intensive barriers to entry that they assumed to be unassailable. Tesla’s speed in innovation in the market for high-end vehicles is more like a Google or an Amazon than an automaker.