Upgrade to SI Premium - Free Trial

Apple (AAPL) Not Working on Car Despite Tesla (TSLA) Executive Steal - Global Equities' Chowdhry

December 17, 2018 12:29 PM

Global Equities Research analyst Trip Chowdhry doesn't think Apple (NASDAQ: AAPL) is working on a car despite poaching Tesla (NASDAQ: TSLA) car designer Andrew Kim.

"Our research continues to indicate that AAPL is not working on Apple Car, the Project Titan has morphed into Apple Car Play Generation 2.0," Chowdhry commented.

He highlighted:

The analyst said Apple's stock lacks revenue catalysts and innovation is dead at the company. Meanwhile, Tesla's Model 3 is the new iPhone and Tesla the new Apple.

He said at sometime in future, "it is possible that AAPL may acquire TSLA and rename itself as TSLA, with Elon Musk replacing Technologically handicapped Tim Cook and Jony Ive"

Categories

Analyst Comments Rumors