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Apple Car arriving in 2025 at the earliest, says Ming-Chi Kuo

Analyst Ming-Chi Kuo has poured water on rumors that the Apple Car could arrive at any point before 2025, warning that many elements are still being worked on.

A December supply chain report claimed a number of car part factories in Taiwan were rushing shipments to Apple for a potential car launch in September 2021. The dubious report’s claim seemed unlikely for a number of reasons, ranging from a lack of hard-defined specifications of the vehicle to the seemingly short lead time for the production of a substantial product.In a note to investors seen by AppleInsider, analyst Ming-Chi Kuo of TF Securities warns against believing the hype surrounding the report, which has helped push up the value of “concept stocks” for companies supposedly linked to Apple’s vehicular efforts. The buying of the shares in the related companies is a “knee-jerk reaction that could be short-lived,” with Kuo suggesting there are at least three reasons why investors shouldn’t do so right now.

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