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You will be able to buy a car on Amazon starting next year.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Amazon (AMZN +0.01%) will start listing Hyundai vehicles on its site starting next year, and that could give the company footing in the auto business. It's not just auto sales Amazon is interested in -- the cloud and technology stack within cars is up for grabs.
In this video, Travis Hoium covers the latest news and why Amazon will be a big force in the auto industry.
*Stock prices used were end-of-day prices of Nov. 20, 2023. The video was published on Nov. 20, 2023.
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