Apple_Robert
Contributor
I think it is way too early to be focused on price manipulation. I don't think the car is anywhere close to production at this point.
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Apple Pauses Electric Car Talks With Hyundai and Kia
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dontwalkhand
macrumors 604
Things in that price range usually means, built by hand, usually you are getting quality as well, not just brand. Only Apple would charge that much for a Kia...and get away with it.
Or maybe Apple leaked to get a better deal from other car companies...?
It wasn't too long ago I was seeing a lot of scoffing at the notion of Kia/Hyundai making the Apple Car, maybe that wasn't too far off...
AppleShareholder
Suspended
If Apple was close to closing a deal with those 2, I seriously doubt they did so with any concerns about quality. They hired quite a few automotive experts who are all highly paid and study which manufacturer builds quality vehicles. Is it so shocking to you that they determined that Hyundai and Kia were the best choice?
-DMN-
macrumors 6502
Apple must be reading the MR forums. I totally knew all our complaints and criticisms could change Apple for the better /s
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Toyota owns Lexus, and Lexus make very luxurious automobiles; I think they could figure it out.
justperry
macrumors G5
There are plenty of rebranded parts in expensive cars, or sharing.
Do you really think that if Kia is working with Apple that quality is low.
Apple works mostly with Chinese manufacturers, Chinese make crap but also make high quality stuff.
AppleShareholder
Suspended
I mean manipulation on TSLA, not AAPL. TSLA still has a much higher short interest than AAPL, so it wouldn't surprise me that hedge funds are putting out FUD and Apple car news to stop TSLA price momentum.
dontwalkhand
macrumors 604
Apple seems to be going for "upper mass market" with these vehicles, which is Model 3 territory if you're talking Tesla. It would also be in line with the A or C Class Mercedes-Benz, 3 Series BMW, or even upper end "normal brands" such as Toyota Avalon, Hyundai Sonata, Nissan Maxima, etc.
If you read the previous articles, it doesn't look like it'll be S-Class Mercedes, or Tesla Model S territory.
AppleShareholder
Suspended
I'm not talking about quality. Kia is good, but it's not a car I would drive to pick up girls.
dontwalkhand
macrumors 604
People still do that? Even when taking a Tesla, girls still think I am a creep.
I may catch some flak over this but Apple should buy Volvo from Geely. The interiors of Volvo has a minimalist look and they focus hard on safety.
Now make the lineup fully electric (which Volvo is trying anyways) and put some Apple touches and you might have a winner.
Now make the lineup fully electric (which Volvo is trying anyways) and put some Apple touches and you might have a winner.
thisisnotmyname
macrumors 68020
I have a vehicle in that range and I don't think it was built by hand (more than one if we consider within $50k being in that range and none were built by hand as far as I know). Double that and I can think of vehicles that were hand built (or at least assembled).
justperry
macrumors G5
As I said before, there's a lot of sharing in between car manufacturers, you sometimes see the base of a standard car shared with a luxury car, I do not have any examples here but I do know it as a fact.
Got one, IIRC the key fob of a Aston Martin is from Volvo, peel away the outer shell and it reveals the Volvo part.
Now, Volvo isn't really a cheap car but quite a bit cheaper than an Aston Martin.
AppleShareholder
Suspended
Huh. I thought girls like Teslas more than even Bugattis or Rolls Royce. Girls go crazy about Tesla, because it's "hip" and "cool".
dontwalkhand
macrumors 604
Probably because they have saturated the market now, like iPhones, Macs, etc. A Bugatti on the other hand, would probably work....but it would still be me behind the wheel, so probably not 😛.
AppleShareholder
Suspended
Doubt it. Bargaining would happen behind closed doors in conference rooms.
I think I'm one of the few here who isn't surprised by Apple using Hyundai/Kia. A lot of people here like brands more than the actual product.
Why? for all the bluster, Tesla makes no money selling actual cars...
Tesla's dirty little secret: Its net profit doesn't come from selling cars
Tesla posted its first full year of net income in 2020 -- but not because of sales to its customers.
edition.cnn.com
Apple wants a profitable manufacturing pipeline to put 30% profit margins on - Tesla does not have that.
dontwalkhand
macrumors 604
Also those new Hyundais with the widescreen look amazing to be honest. I would consider trading in my Mercedes for one if they didn't offer below the balance of what I am still paying for.
JPack
macrumors P6
Pausing? More like business as usual.
Did anyone think such a decision would happen just like that?
The past couple of weeks, you had people pumping the stock sending out news it was 100% going to be Hyundai. Of course it doesn't work that way. You have a vehicle that is realistically coming out 2027 or later. Apple is indeed having negotiations, but with all vendors. Apple isn't going to lock in just like that today.
Did anyone think such a decision would happen just like that?
The past couple of weeks, you had people pumping the stock sending out news it was 100% going to be Hyundai. Of course it doesn't work that way. You have a vehicle that is realistically coming out 2027 or later. Apple is indeed having negotiations, but with all vendors. Apple isn't going to lock in just like that today.
techno-Zen
macrumors 68000
As a KIA owner.. who hates his KIA and his Wife's KIA this is GREAT news.
Literal Flaming turds with nice external designs
Literal Flaming turds with nice external designs
AppleShareholder
Suspended
Almost all of Tesla's profits go back into capex and R&D. I wouldn't look so much at net income to determine a grwoth company's value. You have to look at free cash flow.Why? for all the bluster, Tesla makes no money selling actual cars...
Tesla's dirty little secret: Its net profit doesn't come from selling cars
Tesla posted its first full year of net income in 2020 -- but not because of sales to its customers.
Apple wants a profitable manufacturing pipeline to put 30% profit margins on - Tesla does not have that.
AppleShareholder
Suspended
LeadingHeat
macrumors 65816
Rightfully so! This could be a huge mic drop for Apple, so if things are leaking this bad at preliminary talks imagine how bad it would be once the train gains momentum