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法拉第拿下特斯拉,贾跃亭为何连马斯克都忽悠了?
美股研究社· 2025-12-04 10:19
Core Viewpoint - Faraday Future (FF) has signed a cooperation agreement with Tesla, allowing its electric vehicles to access Tesla's Supercharger network, which includes over 28,000 charging stations in North America, Japan, and South Korea, significantly enhancing charging convenience and efficiency for users [3][4][20]. Group 1: Cooperation with Tesla - The agreement enables FF and FX models to utilize Tesla's Supercharger network, which will aid in the delivery of the Super One model and improve user experience [3][4]. - FF's compatibility with Tesla's charging network is expected to alleviate consumer concerns regarding after-sales service and reduce the need for FF to build its own charging infrastructure [21]. - FF's CEO, Jia Yueting, expressed a desire for deeper collaboration with Tesla on Full Self-Driving (FSD) technology, although Tesla's CEO Elon Musk showed little interest in this proposal [7][8]. Group 2: Financial Performance and Market Position - As of Q1 2025, FF has delivered only 16 units of the FF 91 model, with a total asset value of $425.4 million and liabilities of $310.43 million, resulting in a net loss of $355.85 million for 2024 [10][11]. - FF's market capitalization is currently $19.47 million, with a price-to-earnings ratio of -0.4070, indicating a significant decline since its initial public offering [10][11]. - The company faces challenges in converting over 11,000 pre-orders for the FX Super One model into actual sales, as the low deposit amount of $100 raises questions about the orders' legitimacy [24]. Group 3: Personal and Corporate Challenges of Jia Yueting - Jia Yueting has been absent from China since 2017 and has faced significant personal debt, with claims of over $20 billion remaining, which complicates his ability to regain trust in the market [16][24]. - Despite having a large following on social media, this has not translated into sales for FF, and the company's stock remains low, reflecting a lack of investor confidence [25]. - The ongoing financial struggles and market competition from established players like Tesla and BYD pose significant hurdles for FF's future success [24].