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2021-02-26

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Wall Street Is Obsessed With an Apple Car. Why Tech Analysts Might Be Too Excited.<blockquote>华尔街痴迷于苹果汽车。为什么科技分析师可能会过于兴奋。</blockquote>

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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":368168664,"tweetId":"368168664","gmtCreate":1614300996558,"gmtModify":1703476012968,"author":{"id":3574939952315129,"idStr":"3574939952315129","authorId":3574939952315129,"authorIdStr":"3574939952315129","name":"651dc410","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":2,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","extraTitle":"","html":"<html><head></head><body>Appl pls</body></html>","htmlText":"<html><head></head><body>Appl pls</body></html>","text":"Appl pls","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/368168664","repostId":1165777611,"repostType":4,"repost":{"id":"1165777611","kind":"news","pubTimestamp":1614247990,"share":"https://www.laohunote.com/m/news/1165777611?lang=zh_CN&edition=full","pubTime":"2021-02-25 18:13","market":"us","language":"en","title":"Wall Street Is Obsessed With an Apple Car. Why Tech Analysts Might Be Too Excited.<blockquote>华尔街痴迷于苹果汽车。为什么科技分析师可能会过于兴奋。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1165777611","media":"Barrons","summary":"Implications of Apple’s entry into the car business continues to generate muchspeculationand manyana","content":"Implications of Apple’s entry into the car business continues to generate muchspeculationand manyanalyst reportsfrom various stockbrokerage firms. Piper Sandler weighed into the debate Wednesday, saying an Apple car makes perfect sense. Investors, however, should remember that producing an automobile is very, very different from making a smartphone.<blockquote>苹果进军汽车行业的影响继续引发各家股票经纪公司的大量猜测和分析报告。派珀·桑德勒 (Piper Sandler) 参与了周三的辩论，称苹果汽车非常有意义。然而，投资者应该记住，生产汽车与生产智能手机非常非常不同。</blockquote> Piper tech analystHarsh Kumarsays the timing is right for an&nbsp;Apple&nbsp;(ticker: AAPL) car. “The company can enter the market at a time of peak technology disruption while avoiding the risk of forming the market,” wrote the analyst in a Wednesday research report. Electric vehicles are proliferating, and autonomous driving technology is advancing. Cars will drive and feel different in the future—an Apple car would likely be an all-electric vehicle with self-driving options.<blockquote>Piper tech 分析师 Harsh Kumar 表示，苹果（股票代码：AAPL）汽车的时机是正确的。“这位分析师在周三的一份研究报告中写道：”该公司可以在技术颠覆高峰期进入市场，同时避免形成市场的风险。电动汽车正在激增，自动驾驶技术正在进步。未来汽车的驾驶和感觉将会有所不同——苹果汽车可能是一款具有自动驾驶选项的全电动汽车。</blockquote> Apple has so far declined to comment about any car plans recently.<blockquote>迄今为止，苹果拒绝对最近的任何汽车计划发表评论。</blockquote> Kumar covers Apple and other technology stocks. His 23-page report dives deep into the auto business—for tech investors. Industry size and market segmentation between, say, luxury cars and economy sedans, covered in his report, are par for the course in auto research.<blockquote>Kumar 涵盖苹果和其他科技股。他的 23 页报告深入探讨了汽车行业——面向科技投资者。他的报告中涵盖了豪华车和经济型轿车等行业规模和市场细分，这与汽车研究课程是一样的。</blockquote> He assumes Apple, down the road, will sell 100,000 cars in year one. That might be aggressive.NIO(NIO),Li Auto(LI), andXPeng(XPEV) are threeEV startupsthat have been in business for years. They managed to sell about 100,000 vehicles on a combined basis in 2020. Kumar thinks Apple can be delivering 1 million cars by 2030.<blockquote>他假设苹果未来第一年将售出 10 万辆汽车。这可能是激进的。蔚来汽车（蔚来）、理想汽车（LI）和小鹏汽车（XPEV）是三家经营多年的电动汽车初创公司。2020 年，他们总共销售了约 10 万辆汽车。Kumar 认为苹果到 2030 年可以交付 100 万辆汽车。</blockquote> For tech analysts at this point, the Apple car appears to be an exercise in fun with numbers. They are attracted to the huge market size: New car sales top $2.5 trillion annually. But auto analysts’ enthusiasm for an Apple vehicle is more tempered, and perhaps for good reason.<blockquote>对于目前的科技分析师来说，苹果汽车似乎是一种数字乐趣。他们被巨大的市场规模所吸引：新车销量每年超过2.5万亿美元。但汽车分析师对苹果汽车的热情较为低调，这或许是有充分理由的。</blockquote> One factor that might hamper Apple’s ambitions is that cars are, of course, significantly more expensive than phones, making the purchase decision very different. In addition, “the regulatory side of the auto business is brutal and takes years to get through,” Benchmark auto analystMike WardtellsBarron’s.<blockquote>可能阻碍苹果雄心壮志的一个因素是，汽车当然比手机贵得多，这使得购买决策大不相同。此外，Benchmark auto 分析师 Mike Wardtells 表示：“汽车行业的监管是残酷的，需要数年时间才能度过难关。”巴伦.</blockquote> Ward says he isn’t hearing Apple buzz in the auto industry. It’s “pretty tough to keep that quiet in the auto industry—thousands of suppliers, [government] approvals, the size of the factory needed, etc.” He isn’t saying it can’t happen, but it is harder than many investors might expect.<blockquote>沃德说，他在汽车行业听不到苹果的嗡嗡声。“在汽车行业，要保持这种平静是相当困难的--成千上万的供应商、[政府]的批准、所需的工厂规模等等”。他并不是说这不可能发生，但这比许多投资者想象的要难。</blockquote> Morgan Stanley analystAdam Jonasalso covers cars mainly. He doesn’t appear certain an Apple car is on the way, but if one does show up, “don’t expect steering wheels.” That means full self-driving, which also means the Apple car is still years away.<blockquote>摩根士丹利分析师亚当·乔纳斯也主要研究汽车。他似乎不确定有一辆苹果汽车在路上，但如果真的出现了，“别指望会有方向盘”。这意味着完全自动驾驶，这也意味着苹果汽车还需要数年时间。</blockquote> He believes an Apple car can accelerate EV penetration. That could help existing auto makers with more progressive approaches to the EV market. But higher penetration isn’t a panacea for the car business. “At some point, today’s EV players must share the sandbox,” wrote the analyst in a recent report.<blockquote>他相信苹果汽车可以加速电动汽车的普及。这可以帮助现有汽车制造商采取更先进的方法进入电动汽车市场。但更高的渗透率并不是汽车行业的灵丹妙药。“这位分析师在最近的一份报告中写道：”在某种程度上，当今的电动汽车制造商必须分享沙盒。</blockquote> That threat isn’t affecting his ratings on competitors yet. He rate Tesla stock Buy and callsGeneral Motors(GM) a top pick.<blockquote>这一威胁尚未影响他在竞争对手中的评分。他将特斯拉股票评级为买入，并将通用汽车 (GM) 列为首选。</blockquote> J.P. Morgan‘s tech and car teams produced a joint report recently, and they don’t see an Apple car coming soon. They agreed if an Apple car is on the way, it will be delayed until full self-driving capability is more widely available.Robotaxi services, which can handle city driving, are planned in the next couple of years. But full self-driving capabilities are farther away—the cost of sensors needs to fall, and the software still needs to improve.<blockquote>摩根大通的技术和汽车团队最近发布了一份联合报告，他们认为苹果汽车不会很快问世。他们一致认为，如果苹果汽车正在路上，它将被推迟，直到完全自动驾驶功能得到更广泛的应用。可以处理城市驾驶的机器人出租车服务计划在未来几年内推出。但完全自动驾驶能力还很遥远——传感器的成本需要下降，软件仍需改进。</blockquote> The firm’s U.S. auto analystRyan Brinkmanadded that a new competitor the size and strength of Apple is a negative for existing auto makers, but, like Ward, he hasn’t heard about any collaboration in the auto-supply base.<blockquote>该公司的美国汽车分析师里安-布林克曼（Ryan Brinkman）补充说，新的竞争对手苹果的规模和实力对现有汽车制造商来说是一个负面因素，但和沃德一样，他也没有听说过在汽车供应基地有任何合作。</blockquote> Another thing J.P. Morgan agrees on is outsourced manufacturing, meaning that Apple isn’t likely to assemble its car. That creates an opportunity for some existing car marker to build more volume. What company would win, however, isanyone’s guess.<blockquote>摩根大通同意的另一件事是外包制造，这意味着苹果不太可能组装自己的汽车。这为一些现有的汽车标记创造了一个机会来建立更多的体积。不过，哪家公司会胜出，谁也说不准。</blockquote> Wedbush analystDan Ives, who covers disruptive technology, which includes Apple and EV makerTesla(TSLA), is placing his bets onVolkswagen(VOW.Germany). “We assign a 85%-plus chance that Apple will announce an EV partnership/collaboration over the next 3 to 6 months,” wrote Ives in a recent report. “We continue to strongly believe that VW is a top candidate for an Apple EV partnership/JV given the company’s modular factory footprint as well as the keyQuantumScapeownership.”<blockquote>Wedbush 分析师丹·艾夫斯 (Dan Ives) 负责研究颠覆性技术，其中包括苹果和电动汽车制造商特斯拉 (TSLA)，他将赌注押在大众汽车 (VOW.Germany) 上。“艾夫斯在最近的一份报告中写道：”我们认为，苹果将在未来 3 到 6 个月内宣布建立电动汽车合作伙伴关系/合作的可能性超过 85%。“我们仍然坚信，鉴于大众汽车的模块化工厂规模以及关键的量子场景所有权，大众汽车是苹果电动汽车合作伙伴/合资企业的首选。”</blockquote> QuantumScape&nbsp;(QS) is&nbsp;pioneering&nbsp;solid-state lithium anode batteries that promise to improve electric-vehicle range and safety, while lowering costs and charge time.<blockquote>QuantumScape (QS) 正在开创固态锂阳极电池，有望提高电动汽车的续航里程和安全性，同时降低成本和充电时间。</blockquote> Apple car hopes aren’t affecting investors much yet. Since new reports of a possible Apple car surfaced in December, GM and Tesla shares are up about 26% and 10%, respectively. TheS&amp;P 500andDow Jones Industrial Average,for comparison, are up about 5% and 4%, respectively. Apple shares are down about 6%.<blockquote>苹果汽车的希望尚未对投资者产生太大影响。自去年 12 月有关可能推出苹果汽车的新报道浮出水面以来，通用汽车和特斯拉的股价分别上涨了约 26% 和 10%。相比之下，标准普尔 500 指数和道琼斯工业平均指数分别上涨约 5% 和 4%。苹果股价下跌约 6%。</blockquote> Investors, it appears, have other more pressing issues on their minds.<blockquote>投资者似乎还有其他更紧迫的问题。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Is Obsessed With an Apple Car. 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Why Tech Analysts Might Be Too Excited.<blockquote>华尔街痴迷于苹果汽车。为什么科技分析师可能会过于兴奋。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-02-25 18:13\n\n</h4>\n</header>\n<article>\nImplications of Apple’s entry into the car business continues to generate muchspeculationand manyanalyst reportsfrom various stockbrokerage firms. Piper Sandler weighed into the debate Wednesday, saying an Apple car makes perfect sense. Investors, however, should remember that producing an automobile is very, very different from making a smartphone.<blockquote>苹果进军汽车行业的影响继续引发各家股票经纪公司的大量猜测和分析报告。派珀·桑德勒 (Piper Sandler) 参与了周三的辩论，称苹果汽车非常有意义。然而，投资者应该记住，生产汽车与生产智能手机非常非常不同。</blockquote> Piper tech analystHarsh Kumarsays the timing is right for an&nbsp;Apple&nbsp;(ticker: AAPL) car. “The company can enter the market at a time of peak technology disruption while avoiding the risk of forming the market,” wrote the analyst in a Wednesday research report. Electric vehicles are proliferating, and autonomous driving technology is advancing. Cars will drive and feel different in the future—an Apple car would likely be an all-electric vehicle with self-driving options.<blockquote>Piper tech 分析师 Harsh Kumar 表示，苹果（股票代码：AAPL）汽车的时机是正确的。“这位分析师在周三的一份研究报告中写道：”该公司可以在技术颠覆高峰期进入市场，同时避免形成市场的风险。电动汽车正在激增，自动驾驶技术正在进步。未来汽车的驾驶和感觉将会有所不同——苹果汽车可能是一款具有自动驾驶选项的全电动汽车。</blockquote> Apple has so far declined to comment about any car plans recently.<blockquote>迄今为止，苹果拒绝对最近的任何汽车计划发表评论。</blockquote> Kumar covers Apple and other technology stocks. His 23-page report dives deep into the auto business—for tech investors. Industry size and market segmentation between, say, luxury cars and economy sedans, covered in his report, are par for the course in auto research.<blockquote>Kumar 涵盖苹果和其他科技股。他的 23 页报告深入探讨了汽车行业——面向科技投资者。他的报告中涵盖了豪华车和经济型轿车等行业规模和市场细分，这与汽车研究课程是一样的。</blockquote> He assumes Apple, down the road, will sell 100,000 cars in year one. That might be aggressive.NIO(NIO),Li Auto(LI), andXPeng(XPEV) are threeEV startupsthat have been in business for years. They managed to sell about 100,000 vehicles on a combined basis in 2020. Kumar thinks Apple can be delivering 1 million cars by 2030.<blockquote>他假设苹果未来第一年将售出 10 万辆汽车。这可能是激进的。蔚来汽车（蔚来）、理想汽车（LI）和小鹏汽车（XPEV）是三家经营多年的电动汽车初创公司。2020 年，他们总共销售了约 10 万辆汽车。Kumar 认为苹果到 2030 年可以交付 100 万辆汽车。</blockquote> For tech analysts at this point, the Apple car appears to be an exercise in fun with numbers. They are attracted to the huge market size: New car sales top $2.5 trillion annually. But auto analysts’ enthusiasm for an Apple vehicle is more tempered, and perhaps for good reason.<blockquote>对于目前的科技分析师来说，苹果汽车似乎是一种数字乐趣。他们被巨大的市场规模所吸引：新车销量每年超过2.5万亿美元。但汽车分析师对苹果汽车的热情较为低调，这或许是有充分理由的。</blockquote> One factor that might hamper Apple’s ambitions is that cars are, of course, significantly more expensive than phones, making the purchase decision very different. In addition, “the regulatory side of the auto business is brutal and takes years to get through,” Benchmark auto analystMike WardtellsBarron’s.<blockquote>可能阻碍苹果雄心壮志的一个因素是，汽车当然比手机贵得多，这使得购买决策大不相同。此外，Benchmark auto 分析师 Mike Wardtells 表示：“汽车行业的监管是残酷的，需要数年时间才能度过难关。”巴伦.</blockquote> Ward says he isn’t hearing Apple buzz in the auto industry. It’s “pretty tough to keep that quiet in the auto industry—thousands of suppliers, [government] approvals, the size of the factory needed, etc.” He isn’t saying it can’t happen, but it is harder than many investors might expect.<blockquote>沃德说，他在汽车行业听不到苹果的嗡嗡声。“在汽车行业，要保持这种平静是相当困难的--成千上万的供应商、[政府]的批准、所需的工厂规模等等”。他并不是说这不可能发生，但这比许多投资者想象的要难。</blockquote> Morgan Stanley analystAdam Jonasalso covers cars mainly. He doesn’t appear certain an Apple car is on the way, but if one does show up, “don’t expect steering wheels.” That means full self-driving, which also means the Apple car is still years away.<blockquote>摩根士丹利分析师亚当·乔纳斯也主要研究汽车。他似乎不确定有一辆苹果汽车在路上，但如果真的出现了，“别指望会有方向盘”。这意味着完全自动驾驶，这也意味着苹果汽车还需要数年时间。</blockquote> He believes an Apple car can accelerate EV penetration. That could help existing auto makers with more progressive approaches to the EV market. But higher penetration isn’t a panacea for the car business. “At some point, today’s EV players must share the sandbox,” wrote the analyst in a recent report.<blockquote>他相信苹果汽车可以加速电动汽车的普及。这可以帮助现有汽车制造商采取更先进的方法进入电动汽车市场。但更高的渗透率并不是汽车行业的灵丹妙药。“这位分析师在最近的一份报告中写道：”在某种程度上，当今的电动汽车制造商必须分享沙盒。</blockquote> That threat isn’t affecting his ratings on competitors yet. He rate Tesla stock Buy and callsGeneral Motors(GM) a top pick.<blockquote>这一威胁尚未影响他在竞争对手中的评分。他将特斯拉股票评级为买入，并将通用汽车 (GM) 列为首选。</blockquote> J.P. Morgan‘s tech and car teams produced a joint report recently, and they don’t see an Apple car coming soon. They agreed if an Apple car is on the way, it will be delayed until full self-driving capability is more widely available.Robotaxi services, which can handle city driving, are planned in the next couple of years. But full self-driving capabilities are farther away—the cost of sensors needs to fall, and the software still needs to improve.<blockquote>摩根大通的技术和汽车团队最近发布了一份联合报告，他们认为苹果汽车不会很快问世。他们一致认为，如果苹果汽车正在路上，它将被推迟，直到完全自动驾驶功能得到更广泛的应用。可以处理城市驾驶的机器人出租车服务计划在未来几年内推出。但完全自动驾驶能力还很遥远——传感器的成本需要下降，软件仍需改进。</blockquote> The firm’s U.S. auto analystRyan Brinkmanadded that a new competitor the size and strength of Apple is a negative for existing auto makers, but, like Ward, he hasn’t heard about any collaboration in the auto-supply base.<blockquote>该公司的美国汽车分析师里安-布林克曼（Ryan Brinkman）补充说，新的竞争对手苹果的规模和实力对现有汽车制造商来说是一个负面因素，但和沃德一样，他也没有听说过在汽车供应基地有任何合作。</blockquote> Another thing J.P. Morgan agrees on is outsourced manufacturing, meaning that Apple isn’t likely to assemble its car. That creates an opportunity for some existing car marker to build more volume. What company would win, however, isanyone’s guess.<blockquote>摩根大通同意的另一件事是外包制造，这意味着苹果不太可能组装自己的汽车。这为一些现有的汽车标记创造了一个机会来建立更多的体积。不过，哪家公司会胜出，谁也说不准。</blockquote> Wedbush analystDan Ives, who covers disruptive technology, which includes Apple and EV makerTesla(TSLA), is placing his bets onVolkswagen(VOW.Germany). “We assign a 85%-plus chance that Apple will announce an EV partnership/collaboration over the next 3 to 6 months,” wrote Ives in a recent report. “We continue to strongly believe that VW is a top candidate for an Apple EV partnership/JV given the company’s modular factory footprint as well as the keyQuantumScapeownership.”<blockquote>Wedbush 分析师丹·艾夫斯 (Dan Ives) 负责研究颠覆性技术，其中包括苹果和电动汽车制造商特斯拉 (TSLA)，他将赌注押在大众汽车 (VOW.Germany) 上。“艾夫斯在最近的一份报告中写道：”我们认为，苹果将在未来 3 到 6 个月内宣布建立电动汽车合作伙伴关系/合作的可能性超过 85%。“我们仍然坚信，鉴于大众汽车的模块化工厂规模以及关键的量子场景所有权，大众汽车是苹果电动汽车合作伙伴/合资企业的首选。”</blockquote> QuantumScape&nbsp;(QS) is&nbsp;pioneering&nbsp;solid-state lithium anode batteries that promise to improve electric-vehicle range and safety, while lowering costs and charge time.<blockquote>QuantumScape (QS) 正在开创固态锂阳极电池，有望提高电动汽车的续航里程和安全性，同时降低成本和充电时间。</blockquote> Apple car hopes aren’t affecting investors much yet. Since new reports of a possible Apple car surfaced in December, GM and Tesla shares are up about 26% and 10%, respectively. TheS&amp;P 500andDow Jones Industrial Average,for comparison, are up about 5% and 4%, respectively. Apple shares are down about 6%.<blockquote>苹果汽车的希望尚未对投资者产生太大影响。自去年 12 月有关可能推出苹果汽车的新报道浮出水面以来，通用汽车和特斯拉的股价分别上涨了约 26% 和 10%。相比之下，标准普尔 500 指数和道琼斯工业平均指数分别上涨约 5% 和 4%。苹果股价下跌约 6%。</blockquote> Investors, it appears, have other more pressing issues on their minds.<blockquote>投资者似乎还有其他更紧迫的问题。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/wall-street-apple-stock-ev-tech-car-51614187099?mod=RTA\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/wall-street-apple-stock-ev-tech-car-51614187099?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165777611","content_text":"Implications of Apple’s entry into the car business continues to generate muchspeculationand manyanalyst reportsfrom various stockbrokerage firms. Piper Sandler weighed into the debate Wednesday, saying an Apple car makes perfect sense. Investors, however, should remember that producing an automobile is very, very different from making a smartphone.\nPiper tech analystHarsh Kumarsays the timing is right for an Apple (ticker: AAPL) car. “The company can enter the market at a time of peak technology disruption while avoiding the risk of forming the market,” wrote the analyst in a Wednesday research report. Electric vehicles are proliferating, and autonomous driving technology is advancing. Cars will drive and feel different in the future—an Apple car would likely be an all-electric vehicle with self-driving options.\nApple has so far declined to comment about any car plans recently.\nKumar covers Apple and other technology stocks. His 23-page report dives deep into the auto business—for tech investors. Industry size and market segmentation between, say, luxury cars and economy sedans, covered in his report, are par for the course in auto research.\nHe assumes Apple, down the road, will sell 100,000 cars in year one. That might be aggressive.NIO(NIO),Li Auto(LI), andXPeng(XPEV) are threeEV startupsthat have been in business for years. They managed to sell about 100,000 vehicles on a combined basis in 2020. Kumar thinks Apple can be delivering 1 million cars by 2030.\nFor tech analysts at this point, the Apple car appears to be an exercise in fun with numbers. They are attracted to the huge market size: New car sales top $2.5 trillion annually. But auto analysts’ enthusiasm for an Apple vehicle is more tempered, and perhaps for good reason.\nOne factor that might hamper Apple’s ambitions is that cars are, of course, significantly more expensive than phones, making the purchase decision very different. In addition, “the regulatory side of the auto business is brutal and takes years to get through,” Benchmark auto analystMike WardtellsBarron’s.\nWard says he isn’t hearing Apple buzz in the auto industry. It’s “pretty tough to keep that quiet in the auto industry—thousands of suppliers, [government] approvals, the size of the factory needed, etc.” He isn’t saying it can’t happen, but it is harder than many investors might expect.\nMorgan Stanley analystAdam Jonasalso covers cars mainly. He doesn’t appear certain an Apple car is on the way, but if one does show up, “don’t expect steering wheels.” That means full self-driving, which also means the Apple car is still years away.\nHe believes an Apple car can accelerate EV penetration. That could help existing auto makers with more progressive approaches to the EV market. But higher penetration isn’t a panacea for the car business. “At some point, today’s EV players must share the sandbox,” wrote the analyst in a recent report.\nThat threat isn’t affecting his ratings on competitors yet. He rate Tesla stock Buy and callsGeneral Motors(GM) a top pick.\nJ.P. Morgan‘s tech and car teams produced a joint report recently, and they don’t see an Apple car coming soon. They agreed if an Apple car is on the way, it will be delayed until full self-driving capability is more widely available.Robotaxi services, which can handle city driving, are planned in the next couple of years. But full self-driving capabilities are farther away—the cost of sensors needs to fall, and the software still needs to improve.\nThe firm’s U.S. auto analystRyan Brinkmanadded that a new competitor the size and strength of Apple is a negative for existing auto makers, but, like Ward, he hasn’t heard about any collaboration in the auto-supply base.\nAnother thing J.P. Morgan agrees on is outsourced manufacturing, meaning that Apple isn’t likely to assemble its car. That creates an opportunity for some existing car marker to build more volume. What company would win, however, isanyone’s guess.\nWedbush analystDan Ives, who covers disruptive technology, which includes Apple and EV makerTesla(TSLA), is placing his bets onVolkswagen(VOW.Germany). “We assign a 85%-plus chance that Apple will announce an EV partnership/collaboration over the next 3 to 6 months,” wrote Ives in a recent report. “We continue to strongly believe that VW is a top candidate for an Apple EV partnership/JV given the company’s modular factory footprint as well as the keyQuantumScapeownership.”\nQuantumScape (QS) is pioneering solid-state lithium anode batteries that promise to improve electric-vehicle range and safety, while lowering costs and charge time.\nApple car hopes aren’t affecting investors much yet. Since new reports of a possible Apple car surfaced in December, GM and Tesla shares are up about 26% and 10%, respectively. TheS&P 500andDow Jones Industrial Average,for comparison, are up about 5% and 4%, respectively. Apple shares are down about 6%.\nInvestors, it appears, have other more pressing issues on their minds.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1213,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":7,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/368168664"}