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 ...

Shares of Faraday Future (NASDAQ:FFIE) stock are in the spotlight after the struggling EV company hosted Master Investment Group (MIG) CEO Sheikh Abdullah Al Qassimi at its headquarters in Los Angeles for a strategic meeting. MIG operates as an investment firm in the United Arab Emirates (UAE).Faraday Fuure founder YT Jia, CEO Matthias Aydt and other Faraday team members attended the meeting. Afterwards, the company described the meeting as a “pivotal moment.”“It was a pleasure to engage in a strategic meet ...

The electric vehicle (EV) industry is abuzz today following a major partnership between Rivian (NASDAQ:RIVN) and Volkswagen (OTCMKTS:VWAGY). Volkswagen will invest up to $5 billion into Rivian over the next few years, starting with a $1 billion investment in exchange for a convertible promissory note.While the deal doesn’t carry any impact toward Faraday Future (NASDAQ:FFIE), the company — and other EV companies like Lucid (NASDAQ:LCID) — are rallying higher on the news.A short squeeze could possibly be beh ...

It doesn't seem Faraday Future Intelligent Electric (NASDAQ:FFIE) has long for this world. Faraday Future stock is down to 35 cents, revenue remains negligible and losses extend for as far as the eye can see. Yet the luxury electric vehicle maker may have plans in store to become something other than an auto manufacturer. This may be its Plan B to continue operating if (or when) Plan A finally collapses. But it is still not something investors should jump into. A Plan to Survive the EV Market Faraday Future ...

Faraday Future (NASDAQ:FFIE) stock is plunging lower after the electric vehicle (EV) company proposed a reverse stock split of between 1-for-2 to 1-for-40 in order to regain compliance with Nasdaq’s minimum bid requirement. Faraday added that it would not pursue a reverse split if its shares could regain compliance naturally.“The final ratio will be determined by the Board after stockholder approval, with the option to abandon, delay or postpone the reverse stock split,” said Faraday.In order to regain comp ...

Faraday Future (NASDAQ:FFIE) stock is falling hard on Tuesday after the electric vehicle (EV) company announced plans to regain compliance with Nasdaq Exchange listing rules.The biggest blow to FFIE stock comes from the EV company’s plans for a reverse stock split. Faraday Future intends to enact a reverse stock split to boost the price of its shares above the $1 minimum bid price required to remain on the Nasdaq Exchange.Faraday Future hasn’t nailed down the exact details of the reverse stock split just ye ...

The Faraday Future (NASDAQ: FFIE) stock price has tumbled as I predicted last week. It plunged by over 17% on Monday’s regular session followed by a 20% plunge during the pre-market session. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Faraday Future reverse stock splitCopy link to sectionThe stock crash happened after the troubled Tesla rival announced a new plan to regain compliance with the Nasdaq. In it, the company will implement a 40:1 revers ...

In an extremely crowded and challenging electric vehicle market, investors need to be highly selective. Faraday Future Intelligent Electric (NASDAQ:FFIE), which is often shortened to Faraday Future, might seem like an intriguing EV startup. However, it’s much too risky to buy and hold Faraday Future stock in 2024.There are so many red flags associated with Faraday Future that it’s actually hard to know where to start. So, I’ll begin with a summary of Faraday Future’s less-than-encouraging financials, follow ...