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Faraday Future Stock Down As New Strategy, Premium Market Push, Year-End EV Rollout Near
Benzinga· 2025-08-12 06:14
Electric vehicle developer Faraday Future Intelligent Electric FFAI stock traded lower on Monday after it issued its 15th weekly business update from founder and Global co-CEO YT Jia on Sunday. The company will unveil on Aug. 16 at Pebble Beach its upgraded dual-flywheel, dual-bridge Eco Strategy to drive capital returns, cash flow, net asset value, balance sheet optimization and shareholder value. Faraday Future expanded its S1 User Ecosystem by entering Massachusetts through a 100-unit FX Super One preord ...