Core Insights - The article discusses the recent rebranding and listing of AIxCrypto Holdings Inc. (AIXC) on NASDAQ, controlled by Jia Yueting, highlighting his capital operation skills despite past controversies [5][10] - AIXC aims to integrate blockchain technology with AI, focusing on three main business areas: Web3 AI trading terminals, Real World Assets (RWA), and AI management of crypto assets [11][10] - The article questions whether Jia's capital strategies can truly rescue Faraday Future (FF), which has struggled with vehicle deliveries and financial stability [12][15] Group 1: Capital Strategy - AIXC is positioned as a funding tool for FF, leveraging emerging crypto concepts to attract investment and alleviate FF's financial struggles [11][10] - The company plans to initiate a tokenization project for FF stock, with an initial purchase of $5 million from an independent third party [11][10] - Jia Yueting's financing efforts have shown significant growth, with FF raising $13.58 million in the first three quarters of 2025, a 144% increase year-on-year [17][16] Group 2: Vehicle Production Challenges - FF has faced significant delays in vehicle deliveries, with only a few dozen FF91 vehicles delivered despite years of investment and development [15][14] - The company is shifting focus to a more affordable model, FX Super One, which has received over 11,000 pre-orders, although the conversion rate to actual sales remains uncertain [15][15] - The article emphasizes the skepticism surrounding FF's ability to fulfill pre-orders based on past performance, where initial high order numbers did not translate into actual deliveries [15][15] Group 3: Market Perception - Jia Yueting's approach to business is seen as polarizing, with opinions ranging from viewing him as a "fraud" to recognizing him as a "resilient entrepreneur" [19][20] - Despite his financing capabilities, FF's stock has plummeted by 70% this year, with a current share price of $1.11, raising concerns about potential delisting [18][16] - The article reflects on the duality of Jia's character as both a visionary and a capital player, questioning the sustainability of his business model [20][21]