Notes From All Over -- AAPL Surging -- Locked And Loaded To Get This Done -- November 19, 2021

AAPL: surging. Coming close to all-time highs again. Breaking: AAPL is accelerating work on autonomous car. Later: hit an all-time high, again, on a down day for the Dow, although this should push the Dow into the green. 

How will AAPL do it? Foxconn. On November 10, 2021, Foxconn and Lordstown Motors entered into a strategic partnership. Link to press release here. Wasn't "November 10, 2021" just one week ago?

• Lordstown, Ohio: factory already there, and it's not in California
• Lordstown Motors Corp: a provider of electric light-duty trucks focused on the commercial fleet market
• Hon Hai Technology Group (Foxconn): one of the largest electronics manufacturers in the world
• press release explains how this is all going to be done
• Lordstown Motors: wiki. Workforce? Locked and loaded to get this done.

When I hear Foxconn, I can't not see Apple.  

From wiki, on Lordstown Motors: this second paragraph:

General Motors has invested $75 million in Lordstown Motors. 

GM obtained a seat on Lordstown Motors' board of directors, and has included Lordstown Motors into its Tier 1 supply chain. With the deal, Lordstown Motors is looking to compete against Tesla, Rivian, and Nikola's electric vehicle lineup.

GlobalFoundries: wiki here. 

• it was announced today that Ford has signed a strategic agreement with GlobalFoundries

The scorecard:

• Rivian -- Amazon -- Ford -- GlobalFoundries
  
• Lordstown -- Apple -- GM -- silicon M1 chip (GM currently depends on seven chip manufacturers)
  
• Tesla -- chips (?)

Comment: this all reminds me of two other great battles from the past:

• DVD vs Blu-Ray (also followed on the blog, a long, long time ago)
• cellphone chips (also followed on the blog, a long, long time ago)

Comment: the EV scorecard above also incorporates another battle:

• the chip
  

There's an obvious first question but I will leave this for another time. It's time to digest all that's been posted. 

Final trades, Halftime Report: Unitedhealth, Fedex, Amazon, Nutrien LTD (NTR).