those are terrific much more "mad money" is coming up including my interview with lordstown. i am going to talk to the ceo how he plans to keep up with demand what are you doing, it is as controversial name and it is going to go down tomorrow. i think it may be a buy. of course, all your calls of tonight's edition of "the lightning round" so stay with cramer >>> prieright now the auto indu is on fire i want to circle back to one that recently became public. i am talking about lordstown motors it has soared to $25 they're working on a fully electric pickup truck. it plans to start delivering next september they got 50,000 non buying reservations from commercial pick up truck fleet. it got a little morkeie competiv by the day how much more upside can this thing have mr. burns, welcome to "mad money. >> thank you for having me >> you got a great story here. it is the great american story between what's happening with lordstown and what's happening now. why don't you tell us? >> we purchased a shutter gm plant in northeast ohio. it had been here for 53 years and shutdown kind of

he told the families of the gm plant in lordstown, he said "don't move. don't sell your house.ut then the plant shutdown. after the first debate in cleveland, i met an ohio woman named tiffany whose husband lost her job at the plant. he had to take a job eight hours away in another state. 16 hours round-trip, so much don't worry. what about his broken promise to protect pensions for workers, especially employer pensions. millions of workers exports are way down, exports for china during the trump years are 40% lower than we were during our second term. and even says, because it is bailout to the farmers, that's your tax dollars by the way. is bailout for the farmers, "our farmers are doing better now than when they actually had a farm. can you believe that? our farmers are doing better now i'll hold a 10% surtax on companies who do ship jobs overseas. but to invest in american manufacturing and bring jobs back home i will offer 10% tax credit. it's no violation and trade agreement but no government contracts. the president had about 6 billion in contracts. no government contrac

lordstown. fisker. >> i had them on >> these all went public they are closed. spac announces the deal and then the deal actually closes and the money is transferred the arrival, which i just mentioned. canoe with hennessey capital that was announced on august 8th and charge point with switch back energy that was announced september 24th and then there's also workhorse, but that's not a spac. i mean, these things, that's the new, all right find us an ev company. especially one that has proprietary hardware, software and microfactories they're tiny little factories. >> a lot of people believe that once president-elect biden comes in he'll support hydrogen. it needs a huge commitment by the federal government otherwise fuel cells that elon musks talks about. green hydrogen is the ultimate fuel but way too expensive right now. if they can get to come down because of biden subsidies a lot of these stocks will work out. green energy, david, is the future >> i believe you i hope it comes as quickly as possible great for the planet >> a realistic company is talking abo

its symbol is ride lordstown motors they have nothing but they have hope they have hope they have an interesting pick up people come in and they buy that the younger people never seem to run out of money robin hood on tomorrow night they're going to become public they buy things that are they researched them and say, this is a great new thing. i don't know how you fight them. you don't know how you fight the specs and the 5gers, and fight the urban to suburban and fight the new ways people do business, docusign, joe. there's just a lot that works. now it's the oils. >> it's been pretty remarkable, the moves. look, there are parts of the economy that are struggling. we talked about it travel, leisure, hospitality some banks will have exposure to those industries and it's not going to be pretty it's all the reason why we need a fiscal stimulus to help these parts of the economy and other parts are doing quite well housing, auto, several areas within manufacturing, parts of the consumer are doing well and, oh, by the way, they're saving at record level at 14% versus historic 5%. the con

we recently announced a multibillion-dollar commitment at one of our plants, in lordstown, ohio, and of our plants in tennessee. we have the manufacturing capability, we have great vehicles, and we have the technology. speed is important as well, which is why we are working quickly. regardless who wins the election, we will be on a rapid pace to transform to ev's. david: a lot of people are excited about that hummer ev. how many preorders have you got so far? mary: demand has well exceeded our expectation. this is a very premium entry, so we are pleased at the strong demand. we will continue to monitor that as we go forward. david: it is not just electric vehicles but also fuel-cell. you announced a deal with nikola. where are you on that? will there be material changes in the terms of the deal? mary: right now we are in ongoing discussions with nikola regarding the transaction. it has not closed, so we will provide updates at the appropriate time. what's important to note is our fuel-cell hydrogen fuel cells that we developed with honda, they are industry-leading, and that is from e

we recently announced a multibillion-dollar ,anufacturing commitment at gm the llc in lordstown, ohiod most recently at our springhill assembly plant in tennessee. we have great vehicles and we have the expertise and technology. speed is vitally important and that is why we are working so quickly. regardless of who wins the election we will continue at a rapid pace to transform to ev's. david: you mentioned the hummer ev. how many preorders have you got so far? mary: the demand has exceeded our expectation. this is a premium entry. we areincredibly pre--- incredibly pleased that the stronger man and will continue to monitor that going forward. david: is not just electric vehicles. it is also fuel cells. the deadline on that deal is december. where are you on that and will there be material changes in terms of the deal? mary: right now we are in ongoing discussions with nikola regarding the transactions. the transaction has not closed but we will provide further updates at the appropriate time. the is important to note is fuel cell we developed with honda, they are industry-leading, an

we have a new electric truck company coming in my congressional district, lordstown motors we have aplant going to be 1,100 jobs, thousands of jobs in the new economy moving us to reduced carbon, creating middle class jobs, that's how you talk about it because that's how you get home and build coalitions and that's what i think the vice president is going to be able to do for us. >> you don't think the op-ed is totally wrong. kudos to my producer nora. >> great job. thank you. >> good to have you, congressman. see you. >> thank you. >>> good research, that's what we do on the program. >>> the drug maker pfizer said it's developed a coronavirus vaccine that's more than 90% effective. that's high. that's good. what does it mean for you and your family, me and my family? dr. sanjay gupta is going to answer all of our questions next. if you're on medicare, remember, the annual enrollment period is here. the time to choose your coverage... ends december 7th. so talk to unitedhealthcare and take advantage of a wide choice of plans... including an aarp medicare advantage plan from unitedhea

it's where lordstown is. back in 2016, it went to trump by 51%. county. it was 60% for obama. then it swung and flipped to 51% for trump. look where it is right now. 10-point lead at the moment for president trump. it has stuck with trump. i talked to the mayor a few minutes ago who said they are having a really good night out there. that's evidence of what chuck was just talking about, that some of the red counties in ohio may actually be overperforming. he mention ed -- chuck pointed t out. if you remember on "nightly news" recently, i did a story with farmers where we stood in a big barn. they were all talking about donald trump and how much they support the president. that's that county. go back to lordstown, the big issue is jobs. remember the gm plant shut down in 2019. there was concern that some trump supporters would blame the president for that shutdown. some do. i talked to a woman who works with gm trying to help people transition. a lot of families have been separated. dad has to move to another plant with gm and commute back. it spli

. >> felt like a long time for folks in lordstown in your district.mises. how trump betrayed auto workers of youngstown, ohio, detailing how trump made a pledge to workers he could save their job and city instead's massive auto plant shuttered and 44 people left unemployed. despite that, trump defeated biden by a larger margin than in 2016. what's your reaction to this? >> i think part of it was that the biden campaign didn't play a whole lot in ohio. they came in at the end, but not a significant month-long ground game in some of the programs for voter contact, et cetera. they weren't in play in ohio. i think they took a shot at the end. the right thing to do. could have been a knockout punch elenction night. worth the money put in. trump maintained a lot of support he had in 2016 here. i wasn't completely surprised. he's connected to a lot of people who have a lot of economic issues. that's why i think joe biden changing the brand of the democratic party more along the lines of, you know, lunch bucket workers, people who take a shower after work as

lordstown, ticker symbol ride, that stock up more than 9.5%. but this is kind of i guess the tide that lifts all boats, if you will, or whatever, the reverse of that. i forget how the saying goes. there you go. all the boats and cars are getting lifted. it's fun to watch. it's fun to watch. liz: yeah. the rising tide of course. fisker, henrik fisker worked at tesla. that's an interesting one. he's been on the show. we will be watching him. he went public via spac. again, it's a crowded field but maybe it's the future. we are watching it. cheryl, thank you. >>> all right. dow jones industrials down 188. the elf that just can't stay on the shelf. from new star powered relationships to going big on social media, the ceo gives us the secret keys to his publicly traded makeup giant's success even in the face of the pandemic. the closing bell ringing in 29 minutes. yes, the russell 2000, keep an eye on it. it's trying to eke out another record close. nasdaq down 24. s&p, any gain, we're not there, but yeah, any gain would give it a record. we'll be r

i think workhorse is really a show horse, but it's connected with lordstown look, it is basically a technologyompany that builds high-performance electric vehicles and people love that so much i'm not going to get in their way anymore. i'm too jaded. go ahead buy workhorse, all right there, i said it all right. let's go to rachel in texas. rachel >> caller: hey, jim. rachel calling in from the great state of states. howdy and booyah. >> thank you sorry about all your football teams. >> caller: no worries. so my question is on ticker peix -- >> no, too speculative come on, i mean, look, a low-carbon ethanol, we follow the hydrogen stocks. you know that because i like plug plug is on a big move. i'm not into an ethanol-based economy. buy gear how about we go to kevin in illinois kevin? >> caller: booyah, jim first-time caller, longtime listener. >> all right. >> caller: frequency therapeutics. >> very speculative play, but i think it can be the speculative one in your portfolio. i have no problem with that. kevin in new york. >> caller: booyah, jim how's it going shout out to my band space bacon

he told the families of the gm plant in lordstown, he said, quote, don't move. don't sell your house. but then the plant shut down. after the first debate in cleveland, i met an ohio woman named tiffany whose husband lost his job at the plant. he had to take a job eight hours away in another state. he drives home weekends. sixteen hours round trip to be home with his kids. so much. but don't worry. what about his threat and grudge against good year? what about his broken promise to protect pensions for workers. >> we've seen donald trump in north carolina and joe biden in cleveland. we'll be continuing to monitor both candidates. our latest poll of 12 battlegrounds has joe biden holding five-point lead, 51-46. president trump won those states back in 2016 by a narrow two-point margin. the president is defending supporters who surrounded a biden campaign bus on friday calling them patriots that did nothing wrong. the fbi is opening an investigation into that incident. there was a similar incident, not quite as aggressive, in the garden state parkway in, new jerse

get interesting here next few weeks and months >> well, i just think that there is so many i had lordstown night, we had riveon coming >> i know. worth talking to mike wirth about, right >> can we get wirth on can we get mike wirth on from chevron? >> yeah. >> let's ask him. >> like andrew sorkin can get people, you got someone? >> he just knows how to get me shares of chevron are up, they had a strong week. the vaccine data from pfizer and moderna helped energy stocks and the market over this last week or so. joining us now as we said is michael wirth, the chairman and ceo of chevron michael, good to have you. and nice to see you on "squawk on the street" for a change. i would love you to weigh in, actually, longer term, of course, just the conversation we were having, we have it so often in the morning, whether talking about tesla, or riveon or neo, as small a market share as they have, ev is coming, maybe not ted, maybe not tomorrow, but soon how does the chevron prepare for that eventuality >> well, we have seen evs coming for quite some time. our company is headquartered in california

it's got to be speaking to people in youngstown, and lordstown, and macomb county. >> that's true.g class people who live in rural areas. it is a hell of a lot more expensive to be a working class person to live in new york city and live in chicago and los angeles. you often live in a small apartment, right, with a lot of people, and so i just think it's really unfair to think of working class people as only people who live in the midwest. >> the democratic party should be doing more for working class people in big cities, in rural communities. >> that's the point. >> and you saw this very conversation play out during the democratic primary. i interviewed candidates like andrew to your credit, you would talk about it, tim ryan of ohio, youngstown would say, i want to speak to the people who shower after work, not before work. there was great messaging we heard during the primary and not great messaging, and i think the better messaging won out in joe biden's message. although, you did see him kind of toggle back and forth, right, struggle a bit with the hyde amendment, issues like