this comapny is a joke. It is a failed company. Their so called robots are made by an OEM company in China. The “Built in the USA” means they are impo
Faraday Future Announces Execution Roadmap for Its “Built in USA” Acceleration Program and Launches Distributor Recruitment; Targets to Bring Its Robot Factory Online by Year-End and First New EAI Devthis comapny is a joke. It is a failed company. Their so called robots are made by an OEM company in China. The “Built in the USA” means they are importing their parts for China and are paying people minimum wage to put them together in the U.S. .
Their CEO , YT Jia, is a con man. He filed for personal bankruptcy with over $3 Billion in debt!. They recently did a crazy 1 tom150 reverse stock split becuase their NASDAQ price was at .7 cents. Their stock is falling every day and it at $ 2.445 today. TechCrunch reported their CEO took $7.5 million out of FF and no one knows where the money went. They were even Ted from their preivious HQ in Gardena for non payment.
They will be kicked off of NASDAQ in October and file for Bankruptcy in December.