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An Apple car would increase pressure on Tesla and other automakers



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External View of the Apple store on Fifth Avenue on August 19, 2020 in New York City.VIEW press | Corbis News | Getty ImagesTesla has been called “the Apple of the automotive industry” for the amount of technology in its vehicles.But as Apple is in talks to partner with South Korean automaker Hyundai-Kia for an electric vehicle, what does that mean for Tesla and other automakers?Simply put, it’s complicated. Apple is known for its secrecy and there’s little information regarding what its business model would be for a so-called Apple Car. But overall, the tech giant entering new segments — phones, watches, …

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