Jim Cramer on Apple getting into autonomous vehicles

Apple is nearing a deal with Hyundai-Kia to manufacture an autonomous electric vehicle, according to sources with knowledge of the matter, and the impacts of the tech giant’s entry into the automaker space could reverberate across a number of industries.

Semiconductor companies are among the names poised to benefit, along with Apple shares themselves, according to analysts.

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[ryugurena]

I can't wait for Gamestop to enter the EV industry

[asfdafasdfwfrg]

I will never buy another Kia. Period. We contacted the Kia Corporate office to help with an issue we had after our car broke down on the side of the interstate 2 times after being serviced at 2 different Kia dealerships, Langdale Kia in Valdosta and Crown Kia in Saint Petersburg. Kia Corporate gave us the run around, telling us they would send our service request upper management to have it approved. After 3 weeks, they finally told us that no our car wasn’t under warranty! What?! It’s like they didn’t even read what we submitted. Kia doesn’t know how to fix their own vehicles and doesn’t care if they break down multiple times. This has been a horrible

[jakethompson]

To get rich in life, you need to spend less and invest more. You don't expect to spend 90%, invest 10% and sit to make more wealth.

[TUBEDOUT]

I"m skeptical of Apple on this presumed deal too, but remember Apple doesn't often bring new concepts to the market successfully. They wait, watch, and perfect existing concepts and then convince consumers they need them. It's a formula that's worked well for them. Let's see how this all plays out in the next few years. If any company can give Tesla a run for their $ it'll be Apple.

[johnlam]

This just proves Tesla is on the right track, Tesla is years ahead of anybody else, $2000 Tesla stock price incoming

[cybertrk]

...why didn’t Apple buy Tesla...like wtf

[dfsdhv]

AVOID
1.GM,
2.Chrysler,
3.FIAT,
4.Hyundai,
5.KIA

[lionelrichey]

I wrk at Hyundai..
We have every car since 2009 on recall for engine failure..
With the exception of the Elantra...
Buddy knows nothing of what he is talking about

[NewLamarBazaar]

This man put Toyota in the same category with Hyundai. Scotty Kilmer punching the air rn 😭😭😭

[jeanpaulfelix]

I Just read this. What a merger Apple Hyundai would would be amazing for Hyundai AND Apple.

[PA-yyvu]

I love my Tesla stock even more now !
Tesla is becoming more vertically integrated while Apple needs a partner to do autonomous cars #late2theParty

[darrtyyrib]

These guys saying Hyundai is a good car brand almost made me die from laughter

[SWFLtreasures]

Wow they just turned off the entire auto enthusiast segment.

[tocreatee]

dude on left : apple has the finest consumer reputation in the world
dude on right : Hyundai is as reliable as Toyota.

both smoking crack . guess

[frommorningnight]

FYI, google "KIA HYUNDAI car fire."

[raphaelmapp]

Not gonna lie tho...Kia has released some awesome concept vehicles. Imagine those cars with Apple's UI 🔥🔥🔥

[Username]

A car you are not allowed to change the battery 🤣

[mikewalters]

Competition in any space is good for all

[TheValueGame]

Tesla makes their own chips, so the chip shortage isn’t for everyone.

[cda]

GM chip shortage is not the problem the problem is shortage of customers