Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update

Core Viewpoint - Faraday Future is advancing its "Dual Flywheel & Dual Bridge" eco-strategy to strengthen its foundation in the automotive industry while preparing for the launch of its FX Super One vehicle through various marketing initiatives and product development efforts [2][4][8]. Group 1: Business Updates - The FX Super One co-creation and sales campaign will launch across eight U.S. states, with a significant event planned at Burning Man to announce important updates [1][8]. - The company has achieved notable progress in its S1 User Ecosystem, gaining cross-industry attention that exceeded expectations [3]. Group 2: Product Development - FX Super One has successfully completed initial development tests for occupant upper interior impact protection, meeting U.S. Federal Motor Vehicle Safety Standards (FMVSS) [4]. - The trial production process for FX Super One is approximately 60% complete, with ongoing efforts to refine production processes and enhance quality control [5]. Group 3: Financial Strategy - A dedicated $30 million financing commitment for the C10 Treasury has been secured, with plans to allocate 80% passively according to the C10 Index and 20% actively managed [6][7]. - The C10 Treasury is positioned as a financial engine for the company, supporting the execution of its EAI EV strategy through steady staking interests [7].