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Rumors of Apple's car persist, but the data we know of isn't promising.
Apple (AAPL 0.38%) seems to be continuing its car efforts, recently moving them to Arizona. But the data on Apple's autonomous vehicle efforts aren't promising, which Travis Hoium highlights in this video.
*Stock prices used were end-of-day prices of July 9, 2023. The video was published on July 10, 2023.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet, Apple, and General Motors. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, and Tesla. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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