Morgan Stanley: Apple’s entry into the automotive field will pose a threat to Tesla, General Motors, other traditional automakers

According to reports, Apple’s ‘Titan’ project, which has received much attention, has seen more news that may become a reality in recent times. First of all, people in the automotive supply chain revealed that Apple will at least advance Two years, it was released in September 2021, and then some sources said that Apple plans to start producing cars for mass-market consumers in 2024 that may be delayed to 2025 due to the pandemic.

Apple has strong research and development strength, strong capital, and is very good at integrating products, enters the automotive field, and develops self-driving electric vehicles, whether it is created or not, it will pose a huge threat to other manufacturers in the automotive field.

According to Adam Jonas, an analyst at Morgan Stanley (commonly known as ‘Motorcycle’), Apple’s entry into the automotive field will bring new car manufacturers such as Tesla, General Motors, Ford, and other traditional car manufacturers Threatened.

In a report to the users, Adam Jonas believes that from Tesla’s point of view, they have always believed that technology giants like Apple, which cooperate with manufacturers such as Foxconn, represent more than traditional manufacturers. Strong competition.

Adam Jonas believes that Apple’s entry into the automotive field may also pose a threat to traditional car manufacturers such as General Motors and Ford. If Apple actually wants to play its role in this area, it will be hard for traditional car manufacturers to compete with it.

(Via)