. >> okay, so now full but went to jim farley today, why do you like solid power he tolld me this.oing to translate it for me we like solid power, so we don't waste our just announced manufacturing process and fac facility which means what >> what that means is they have designed production facilities and con strucking those production facility around industry standards and lithium i ion. that's pretty much industry standards going into vehicles. the reason mr. farley likes solid power is we are not rendering any of those investment obsolete. we can leverage those. >> quantumscape has a lsimilar se series why are you different from quantum scape and why let's say the performance may be better because of the relations of few adverse. >> i would say key advantages is industrialization that we have already achieved industrialization. to be more specific, literally sitting from 30 feet where i am is our megawatt scale that mirrors lithium ion production we are producing battery at preliminary scale to date. >> i am worried about ev fires you are better or worse than we have right now >

how about the mustang mach-e jim farley is a different executive. he wants to win. he think being elon musk and said, you know, it's like, do you want musk to talk? >> no. >> no. tesla has -- >> okay. okay you think that farley didn't hear that? >> he heard it. >> i want him to come in right now. >> what, are you going to beam him in >> why not he's like doritos -- fi >> meaning >> they're all over. c'mon, jim, i'm trying to teleport him the way that zuckerberg started ed teleporting -- i am not moving on i'm doing a soliloquy here >> people on the floor are like, what is wrong? >>> we will continue to watch gm a big morning on tap take a look at futures we'll get to all the earnings we have not yetoued, tchwhen we come back in a minute. hey businesses! you all deserve something epic! so we're giving every business, our best deals on every iphone - including the iphone 13 pro with 5g. that's the one with the amazing camera? yep! every business deserves it... like one's that re-opened! hi, we have an appointment. and every new business that just opened! like aromather

yesterday. >> upgraded to $15 to $20, valuing argo, which is autonomous, at $5, and rivian, and jim farleyla. they're not just sitting there they are very belichick-like, kind of a smiling andy reid and bell click they feel like the ravens meets kansas city. bitcoin is at a record high. >> yeah, wow, look at that 65, wow. remember we were making ought those $64,000 questions -- >> i sold a chunk of my et ethereum it feels like monopoly money. >> there was a lot of enthusiasm around crypto that i picked up at milken, taking it seriously not necessarily bitcoin, but cr crypto >> dollars versus bitcoin. >> i don't know what that means. >> when you're a younger person, do you think the dollar will be worth more >> no, i don't think so. >> how many mortgages did united wholesale mortgage write with crypto >> six but it's early days. >> billions and billions of mortgages, but only six that -- >> doge, you saw that at milken. >> i know there's people at this table that think that stoke is hopef -- stock is overvalued. >> i was listening i have this thing in my ear. i hear everything you day. >> d

i have a commitment from jim farley from last night, he'll give it to you, but i need you to say you no matter what >> yeah, so listen, i hope members of the house are listening to this right now. the first step is congress needs to pass the bill to get the $52 over to my office so we can get to work. once we have that, i am confident. i've talked to tim cook at a apple, large consumers, everyone knows we need to make chips in america. i think american companies are willing to step you to guaranties tee demand, then we need to stimulate domestic production yes, we can get it done, but we have to get to work. the money needs to get over here and we have to get to work now. >> do people understand if the chinese continue the fly-overs with taiwan semi, which is way too important, our companies are going to suffer? i know you know this this is a matter of national security, but also national pride. if we take back leadership under you, secretary raimondo, this would be an extraordinary time for america. >> not if, when. it's going to happen it will secure our national security, just lik

a lot of that is because ceo jim farley is doing a great job of re-inventing we think ford is such an important position for the club that we write about it regularly. you need to know more than just what i said on the show. second reason for the bounce, we know inflation is running hot. it's probably not about to stop any time soon. we just got results from pepsico. it shows a 9% increase in organic sales growth that's extraordinary the packaged food stocks have become hot mccormick had to cut its earnings forecast because of the rising costs so it's huge that pepsico could mount a bit of a rally up more than $1 most of the day. even after management talked about inflation and they made it very clear to you that inflation is a big issue that tells me wall street is really itching to get into this group while costs are not. maybe they like the near 3% yield. pepsico is not the most represented food and beverage company. it's a best read it's still encouraging stock didn't slum even as they reported it at 6:01 they were already hammering it the selling was wrong. maybe earnings season

still not been fully. pharma us go much about was jim dealer again had a fall, may commentary, farley, my point is a big jewish decision they pump. does a funky bottle left bottles? the why, if i can say loud cute fusion, if i'm to peter to mean a still have i do poorly a farm out. don't the super. so luck was your last on not bent the war. both. don't want to tell flu shots. optical late come up again. you saw it's one play mark play fatty gig was super selected. your faith was removed from pleasure. if they'd they'd be lodged, the bishop give a de la hose. home live close to him, yet i stayed clean deductibles. a faithful gotten killed show. so, well, i've been here 11 years old. well, you can choose the lachelle from off on the clock. she knows i'm dissing about shows, fur, love school shoes. if she i'm playing to fill up the sub. a fake on of way south. sassy luck was a re weigh dalio luck one up lumpy lives up will fix the love honestly didn't wait so was a village green fellow separate shortly lucky de la sal was available, marcella said, where said bachelor a lusty, funky, deso

jim, is ford still sort of the name that is your go-to? >> yes, absolutely the street doesn't recognize this, ford was determined before farley got there, to and trucks everywhere. that's always been the mantra. henry ford, henry ford ii, and forte is done with that. ford will bill and make where they can make money. if not they're losing $2 billion in india it's over. if they're losing in latin america? it's over. next year we'll see the ev lineup, that's so exciting, can power yourhouse, do so many things, but i'll give you the other side i've been trying to get my maverick i'm sick of my wife driving me to eagles game i ordered the maverick in april, now suddenly it arrived. you cannot get these vehicles because of the chips >> german car registrations last month down 29. you've got the atlanta fed looking at q4 gdp with a one handle. >> it's true i'm going to to pueblo in a few weeks, which has the largest auto factory in a world. if that place is shut down, we're dead bmw is there, mercedes is there. i have a place there -- and that's destination right there they can't get the part, well, what good is it? now, global foundry is coming

> on that note, time for jim and stop trading >> there was a moment in the interview where he says basically who else is doing well in ev? gm is go tag tell you next year, farleying to tell you ford maybe tesla finally has competition but baron said give me a break >> an original investment made eight or nine years ago, profits of 4.5 billion they still own millions and i mean, one of the great investments of all time, mr. baron has made there i think it's interesting he talks about musk -- >> incredible. again, a country as long as he remains president of tesla, then they are going to be a major power in the u.n. security council >> i saw a great stat that musk has made more money on papal than buffett has made in 91 years just this year >> wow, wow, really. look, this has become the only market barometer i was hoping he would say the stocks they're buying are shares in tesla, microsoft, alphabet. no they're probably buying what's the worst thing. >> the ron wyden plan on taxing, on realized capital gains forces him to potentially sell. and i wonder how much he has already, in other words, tide up in bank loan against stock because it is a volatile stock >> a