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Top Apple analyst pours cold water on the latest Apple car reports



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Tim Cook at Apple EventSource: AppleA closely watched Apple analyst is warning that investors should be cautious about a report that the iPhone maker is planning to produce a self-driving car in 2024.Last week’s report by Reuters sent shares of companies that build parts for autonomous cars, like lidar sensors, soaring. But the hype was purely on speculation some of those companies might supply parts for the Apple car, TFI analyst Ming-Chi Kuo warned in a note this weekend.Kuo has built a reputation for accurately revealing Apple’s product launch plans, and he closely follows Apple’s supply chain.”We believe …

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