Foxconn Has a Plan to Upend the Electric Vehicle Industry
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 9 June 2022
⏱️ 51 minutes
🧾️ Download transcript
Summary
Most people think of Foxconn as the company that assembles iPhones. But it's a lot more than that. In fact the company really got started by manufacturing all of the tiny components and connectors for the PC industry around the world, long before the iPhone ever existed. Now it wants to go back to its roots, but instead of making parts for PCs, it wants to make all the key components for electric vehicles. The potential is massive, and if they get it right, it could be wildly profitable. On this episode of the podcast, we speak to Bloomberg Opinion's Tim Culpan (@tculpan on Twitter) who has followed the company for a long time. He explains how EVs fit into Foxconn's strategy, and how it plans to win in the space.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | As of 9-1-20-23, you may earn a 5.5% annualized yield with six-month T-bills of held to maturity. |
| 0:06.4 | But who's got time to purchase US Treasuries? Doesn't that involve going to a bank? |
| 0:10.0 | Or navigating a government website that looks like it was designed in 1996? Turns out, |
| 0:14.4 | you can go to public.com, purchase Treasury bills in seconds, |
| 0:17.5 | and you may be able to earn some of the highest yields we've seen since the year 2000. |
| 0:21.2 | Visit public.com slash T-Bill podcast to get started. |
| 0:24.9 | This is a paid endorsement by public.com, fees and conditions apply. |
| 0:28.4 | Treasury accounts at public.com or through Gico Securities Inc. |
| 0:31.6 | Member Finra and SIPC. Not FDIC-insured? No bank guarantee. |
| 0:35.2 | May lose value. Full disclosures can be found at www.public.com slash T-Bill podcast. |
| 0:42.6 | The Bloomberg Sustainable Business Summit returns to New York on October 5th, |
| 0:46.8 | featuring leaders driving innovation in sustainable business and finance. |
| 0:50.8 | Looking at the latest trends in green financing and ambitious ESG goals, |
| 0:55.2 | speakers include executives from KKR, Macy's, Green Giants, C-16 Sciences, |
| 1:00.8 | Environmental Defense Fund, and more. |
| 1:03.2 | Summit Advisor, Principal Financial Group. |
| 1:05.9 | Visit BloombergLive.com slash SBSNY slash radio to learn more. |
| 1:10.8 | Hello and welcome to another episode of The Odd Lots Podcast. I'm Joe Weisenthal. |
| 1:27.2 | And I'm Tracy Allaway. Tracy, you know what I was thinking? There's so much |
| 1:31.3 | attention to Elon Musk and all of his controversies and the things that he does |
| 1:38.0 | in his personal life and Twitter and potentially buying Twitter and the tweets and everything. |
| 1:42.0 | I think sometimes people forget like what an extraordinary success or what an extraordinary |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.