DirtBag <
ramp...@gmail.com> posted:
> I read that Hyundai will be building the APPLE Car.
> I bought an initial position as a heads-up.
> ( More of a bet than anything at this point).
> Market Summary > Hyundai Motor Company GDR
> OTCMKTS: HYMTF
> Follow
> 56.10 USD +1.38 (2.52%)
> Feb 3, 4:00 PM EST · Disclaimer
https://finance.yahoo.com/news/hyundai-kia-aren-t-ev-001457674.html
A Reuters news article this morning says:
"South Korea's Hyundai Motor Co said on Monday it is not now in talks
with Apple Inc on autonomous electric cars, just a month after it
confirmed early-stage talks with the tech giant, sending the
automaker's shares skidding."
but the way the news article is written, the denial sounds to me
somewhat like "This was NDA info and we're unhappy with whoever let this
go public, so we're officially denying it, and we really don't want to
be seen as an Apple subcontractor."
The Bloomberg news article later on the page at the same URL above said:
"A report from Japan’s Nikkei newspaper last week said Apple is in
talks with at least six automakers for the development of its EV
while Dow Jones said Kia had approached potential partners about a
plan to assemble Apple’s electric car in Georgia."
Shares of Hyundai and Kia were down on the denial.
Your HYMTF is 56.94 as I'm writing this.
-WBE