Money market was definitely convinced and bought in on Foxconn's EV roadmap, which resulted their share price to breakout shortly after the announcement and rose nearly 70% in 6 months (and hey, we are talking about the 22nd out of FG500 rose 70% in 6 months!)
The final piece of the puzzle, I'm not sure if anyone also noticed, Foxconn has yet to lock in a strategic raw material supplier. Factories, staff, parts, machineries, tax breaks, lands, battery techs, designs, etc etc etc all signed, all JV'ed, all M&A'ed, all locked in and loaded...
All except raw materials, for now.
Money market was definitely convinced and bought in on Foxconn's...
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