Why is everyone saying Foxconn has an effect on stock price here? And talking about their production? Has no relation to RIDE. They can make a millions tractors, means nothing here
It’s like saying Apple stock it going to rise because Foxconn got a new contract with Sharp TVs
LMC has a terrible history as with a record of making bad decisions, to boot making only 3 trucks a month on a good end
With the amount of overhead Foxconn has with the massive plant, no money coming in. as with headquarters in Taiwan. Can Foxconn let this plant bleed massive amounts of money for the next five years?
Sure being the largest electronics manufacturer,China is going to pressure them very soon. Or they could be target in a military mission
Should be worried for RIDE has they have no one else to make this over engineered truck if Foxconn runs into issues
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