Tag Archives: Auto Tech

Tech Companies Invest/Collaborate with Automobile Companies … What Does is Mean?

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…

Complete Article 1-19-21

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.

jkfinancialinc

street-cents

Consolidated Misc 1099’s Are Posted, Only One Week to First Corrected ‘s … Auto and Tech Collaboration Pre-View

As mentioned here, the all encompassing 1099 Misc Tax form posted to our Vaults last Friday afternoon … Expect good ole fashion paper versions to eventually make their way to our collective mailboxes…

We say eventually as the postal service is struggling with consistent delivery as mentioned here, and our continued experience as well. We actually received a Holiday Card last week that was post marked early December … not sure what happened, but it seems to continue.

Recall the 1099 Misc is a summary of all taxable investments, reported from all asset classes. Due to the multiple party reporting, there are frequently “Corrected” 1099 Misc forms as any one asset having a restatement mandates a completely new form.

Good News, next week will be our first Corrected Run and we should have a good idea of total correction quantities based on the first correction…. In years past we have had from almost everyone getting a correction, in which we ask everyone to hold off on filing until the next corrected run, to in most recent years only a handful of corrections, which gives us a soft green light to those ready to file sooner!

Auto Tech Collaboration Pre-View

Not sure if you have caught wind of this yet, but there has been a sudden partnering of Tech Companies with Auto manufacturers in somewhat hurried fashion …. We have taken note … the partnerships are occurring with heavy duty name brands and likewise Tech titans….

Look for more on this soon…. maybe later this week if we do not get another good Part II Capital Market Valuation chart…

Hope your team won last night…..

Have a Great “1099’s are here” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents