There is no doubt Technology and Technology Companies, are, and will continue, to touch more parts of our lives. As mentioned here in our Medical and Technology related Newsletter (Featured Futuristic Expert Peter Diamandis), Tech companies helped fast track much of the Medical innovations of the last few quarters, helping with the Vaccine…
Tech and Auto Collide
Long time readers know we enjoy watching much of the moves (not always agreeing with) of Elon Musk, as we have written about him over the years. His move to Electric Cars set the path for others to follow….
Suddenly there has been a dash to collaborate and invest with Auto Companies by Big Boy Tech Companies…
Essentially Microsoft, GM and Cruise … a self driving car company out of San Francisco are joining hands to accelerate the process.
Oh, and just a few years earlier, Honda had already entered the Cruise party with GM.
And then this… just a few days later..
Google and Ford announce a six year long collaboration to drive innovation… note the barely week apart announcement…
But Wait, there is even more – Not kidding!
Apple investing $3.6 billion in Kia for Apple car production, report says
Just two days later, after much on again off again talks, Apple announced a major investment in Kia according to this report.
Whats it all mean?
Probably a little bit of Run Away Bride… being afraid of the last one to enter Auto Collaboration
Expect a race to tether at least some of each Technology companies features and main stream information into our Auto
Nice improvements and innovations that Auto Companies maybe would not have thought of before
Keep your eyes out for the first Tech Logoed car, likely in a street near us soon!
Have a Great “Tech Auto Collaboration” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.