Former Auto Exec Thinks Apple (AAPL) Holders Should be Wary of Company Looking to Enter Car Segment (TSLA)

One former auto executive is airing some caution on the idea of Apple (Nasdaq: AAPL) getting into the car business.

Bloomberg reported earlier that recent General Motors (NYSE: GM) CEO, Dan Akerson, thinks Apple might do well in automotive electronics, but breaking into the auto industry, with the regulatory and safety requirements, is a taller mountain to climb than most people think.

I think somebody is kind of trying to cough up a hairball here ... If I were an Apple shareholder, I wouldn’t be very happy. I would be highly suspect of the long-term prospect of getting into a low-margin, heavy-manufacturing business, Akerson commented.

He noted that he would've signed over the infotainment and interconnectivity contract to Apple should the company have begun producing electronic operating systems for vehicles.

Today's commentary comes following recent speculation that Apple (Nasdaq: AAPL) might look to take on Tesla (Nasdaq: TSLA) in the eco-friendly, luxury auto market.

Shares of Apple are modestly higher Wednesday.

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