Faraday Future (NASDAQ:FFIE) stock continues to slide today despite the promising news that shareholders have approved Faraday’s proposed stock split, which will allow FFIE to remain listed on the Nasdaq.On Wednesday, July 31, Matthia Aydt, the Chief Executive of Faraday Future, released a video confirming the results of the recent shareholder meeting, which includes the proposed stock split and several other proposals. From the video’s transcript:“Today I want to share with you the results of our annual me ...

Faraday Future Intelligent Electric (NASDAQ:FFIE) finally has some good news to report. It hasn’t been an easy month for the electric vehicle (EV) producer, who has been trending downward for weeks. The company hasn’t seen any real growth since the Roaring Kitty rally of May 2024, which has long since fizzled out, leaving most meme stocks where they started. But FFIE stock is up today on news that Faraday has managed to regain compliance with the Nasdaq. For the time being, at least, the automaker can check ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission File Number: 001-39395 Faraday Future Intelligent Electric Inc. (Exact name of registrant as specified ...

Faraday Future (NASDAQ:FFIE) stock is down about 1% today after the carmaker shared an update on its recent Investor Community Day, held yesterday, on Monday, July 22. The carmaker offered investors a closer look into the company’s operations, technology, and software development areas ahead of its upcoming annual shareholder meeting, set for July 31.“In my view, this first Investor Community Day was a huge success,” said Matthias Aydt, Chief Executive of Faraday. He additionally stated:“The entire FF organ ...

Faraday Future Intelligent Electric (NASDAQ:FFIE) stock once had promise. Now it’s a penny stock. Founded 10 years ago in Los Angeles, in 2015 it promised to invest $1 billion in a new factory to take on Tesla (NASDAQ:TSLA) and other industry pioneers. It promised a new type of battery and showed off a concept race car with a carbon fiber shell.Had Faraday followed through on its promises, FFIE stock could have been a good investment. It didn’t. Founder Jia Yueting was no Elon Musk. It was saved in 2018 by ...

Shares of Faraday Future (NASDAQ:FFIE) are down by about 20% this year as customers have largely turned away from the company’s luxury EVs. That’s a stark contrast to May, when FFIE stock was up by 200% year-to-date. FF isn’t alone; other EV companies have also struggled. Today, however, FFIE stock is up about 25%.FF offers the FF 91 2.0 Futurist Alliance which carries a base price of $309,000. The first Alliance was delivered last August after being unveiled in 2017. Preorders are also open for the FF 91 2 ...

While there are plenty of electric vehicle stocks to choose from, it’s hard to understand why anybody would consider Faraday Future Intelligent Electric (NASDAQ:FFIE) given Faraday Future stock trades around 50 cents and it’s late filing its Q1 2024 10-Q. If I’ve written about the Los Angeles-based company, it was several years ago. Clearly, I needn’t have paid attention to this struggling EV company, despite recently jumping 100% on hopes that it would get a lifeline like Rivian (NASDAQ:RIVN) did with Volk ...

In order to introduce a successful product to market, there must first be demand for it. That’s the main challenge facing premium electric-vehicle manufacturer Faraday Future (NASDAQ:FFIE). Amid a crowded field that’s becoming even more saturated, credit must be given where it’s due: the company is going the ultimate contrarian route, raising prices when it should be lowering them. Still, contrarianism alone may not save Faraday Future stock.I’m not going to leave you in suspense. Without a fundamental chan ...

NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces that it has commenced an investigation of Faraday Future Intelligent Electric, Inc. (NYSE: FFIE) concerning possible breaches of fiduciary duty. If you have been a shareholder of FFIE since at least December, 2023, and currently hold shares, you can obtain additional information here: https://zlk.com/compensation2/faraday-future-intelligent-electric-inc-lawsuit-submission-form or contact Joseph E. Levi, Esq. either via email at jlevi@lev ...

Could another deal in the EV industry be a positive sign for Faraday's future?Shares of electric vehicle (EV) company Faraday Future Intelligent Electric (FFIE 30.86%) jumped as much as 50% in trading on Tuesday as investors became more bullish on the company's turnaround plan. The volatile stock lost nearly all of its gains mid-day but closed the day up 30.9%.Signs of life in EVsEarlier this week, Rivian signed a deal with Volkswagen that would provide electronic architecture to the larger automaker throug ...