First of all, this is a Chinese company that gets 100% of their product from an OEM company in China. They ship the Chinese made products from China t
Faraday Future Advances Its “Built in USA” Strategy, Participates in the FCC's Public-Comment Process, and Signs a U.S. Compliance and Localization Advisory Agreement with AIBOTFirst of all, this is a Chinese company that gets 100% of their product from an OEM company in China. They ship the Chinese made products from China to the U.S. and are assembled in the U.S. by a minumium waged person who follows a video on how to assemble.
The company itself is a total failure. The Chinese CEO, YJ, Jia, filed for personal Bankruptcy with over $3 Billion in debt. TechCrunch reported he took $7.5 million out of FF and no one knows where the money went. The company pans did a crazy 1 to 150 reverse stock split becuase their stock was at .7 cents. Their stock today is over 90% lower from that split and will be removed from NASDAQ by October.
This comapny is a total corrupt sham and people should run away as fast as possible from this company.
They will file for Bankruptcy in December and will go out of business.