Hon Hai Precision Industries Co Ltd (HNHPF)

[Saving Grace]

Hon Hai Precision Industries Co Ltd plans are uncertain with Fraud lawsuit by Lordstown Motors.

Hon Hai Precision Industries Co Ltd "Foxconn" did itself in and got greedy. Now this Hillbilly Horse Shit has ruined any reputation it may have had, being honest with it's business partners and agreements. Now, nobody trusts Hon Hai Precision Industries "Foxconn" as an EV manufacturer.

The Taiwan phone maker destroyed itself with Lordstown Motors and is questionable as a partner as even Fisker is now tanking with plans to manufacture the Pear very unstable.

Lordstown Motors even had World Bank at the table for finance and Foxconn got to greedy and lost the Endurance assets and manufacturing agreements all together.

They still haven't secured the Lordstown Plant by failing to pay LMC for agreement price tag.

Phones and EV's are two different animals. Foxconn poor management decisions may cost them everything.