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 ...

You could almost feel retail investors celebrating in late May after shares of electric vehicle maker Faraday Future Intelligent Electric (NASDAQ:FFIE) surged from 4 cents to $1.80. The stock briefly became the most researched stock on InvestorPlace.com, and social media sites made it sound as if the only direction FFIE could go was up.Of course, this simplifies the situation. Calling Faraday Future an “EV maker” is relatively generous, considering the firm built roughly 15 vehicles last year and sold just ...

Despite progress, the electric vehicle (EV) industry still relies upon subsidies and tax incentives to increase adoption. These monies counter the high cost of batteries that put EVs above the price of average gasoline-powered cars. Given these economic dependencies, investors might consider evaluating their portfolios for EV stocks to sell, especially those companies most vulnerable to shifts in policy support.Combined with questionable resale value due to battery degradation and charging infrastructure, t ...

Faraday Future Intelligent Electric (NASDAQ:FFIE) may have dodged a bullet. The electric vehicle maker has been under the gun of seeing its shares delisted from the Nasdaq exchange. First, Faraday Future stock faced delisting because it failed to file its annual report in a timely manner and its stock was trading under $1 per share for 30 consecutive days. Then it was notified because FFIE stock had traded under 10 cents per share for 10 straight days it faced delisting, too.The EV maker got lucky because t ...