Faraday Future Intelligent Electric

Faraday Future Intelligent Electric, Inc. is an emerging growth company, which manufactures electric vehicles. The company was founded by Jia Yueting in May 2014 and is headquartered in Gardena, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Faraday Future reports revenue growth and strategic milestones in Q4

Faraday Future Intelligent Electric (FFIE) made significant strides in 2023, achieving key milestones, reducing losses, and securing substantial fundraising.
While facing revenue challenges, the company's focus on brand, innovation, and financial efficiency positions it for future growth and success.
Strategic opportunities in financing, market expansion, and technology integration pave the way for FFIE to capitalize on its strengths and drive value creation.

Faraday Future reports Q2 loss but eyes global expansion opportunities

FFIE's Q2 2024 performance showed improved operating expenses and strategic financing through convertible debt, focusing on profitability.
The company's strengths lie in its market expansion strategies, collaborations with OEMs, and enhanced financial flexibility.
Challenges include production ramp-up, achieving profitability, and addressing ongoing financial constraints for sustainable growth.
Opportunities for FFIE include market penetration, international expansion, and diversification through strategic financing and operational enhancements.

Faraday Future Intelligent Electric (FFIE) reports improved Q3 performance

Faraday Future Intelligent Electric (FFIE) reported a positive Q3 2024 performance marked by improved financial metrics and strategic initiatives. While challenges in stabilizing operations and achieving profitability exist, the company's focus on growth through international expansion and brand development offers promising opportunities for future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

The niche electric vehicle manufacturer was about to pull the trigger on a reverse stock split. That split will be enacted at a ratio of 1-for-80.

Why Investors Were Hitting the Brakes on Faraday Future Stock Today

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE ) Q2 2023 Results Conference Call August 21, 2023 7:30 PM ET Company Participants Jonathan Maroko - CFO XF Chen - Global CEO & Director Matthias Aydt - Global Senior Vice President of Product Execution Conference Call Participants Stephen Gengaro - Stifel Mike Ward - Benchmark Company Operator Greetings, and welcome to Faraday Future Intelligent Electric Inc. Second Quarter 2023 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

Faraday Future Intelligent Electric Inc. (FFIE) Q2 2023 Earnings Call Transcript

Fabrinet

Zoom Video

Agora

Zoom tops Wall Street expectations Zoom Video Communications Inc (NASDAQ:ZM) is set to start Tuesday's session on the front foot after last night's second-quarter results topped Street expectations. In New York, in premarket, the video calling stock was up nearly 4% in early premarket deals changing hands at US$69.81.

Premarket movers: Zoom, Fabrinet, Faraday Future, Agora

SoftBank Group Corp

ARM Holdings PLC

Shares of Zoom Video Communications Inc added nearly 4% in extended trading Monday after the company's second-quarter results topped Street expectations.  The company posted earnings of $1.34 per share, well above expectations of $1.05 per share, on revenue of $1.14 billion, compared to expectations of $1.12 billion.

The Afterhours: Zoom, Fabrinet, Faraday Future, Agora report earnings; SoftBank's Arm files for Nasdaq listing

Faraday Future Intelligent Electric shares edged higher in extended trading Monday after the electric car startup announced a narrowing second-quarter loss.  In the period ended June 30, the Gardena, California company posted a loss of $124.9 million, $0.10 per share, compared to $141.7 million, or $0.44 per share, a year earlier.

EV startup Faraday Future Intelligent Electric narrows 2Q loss, says revenue is coming soon

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) ("Faraday Future", “FF” or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today published a letter to its stockholders containing the Company's second quarter 2023 financial results. The letter is available on its investor relations website (http://investors.ff.com). Faraday Future will host a webcast to discuss its second quarter results and provide a business up.

Faraday Future Publishes Second Quarter 2023 Financial Results

MONTEREY, Calif.--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) ("Faraday Future," "FF" or the "Company"), the California-based global shared intelligent electric mobility ecosystem company, today announced two individuals who will join the second group of spire users and Developer Co-Creation Officers - Derek Bell, a five-time Le Mans 24 hours race winner and Hall of Fame World champion racer, and Kelvin Sherman, a Hollywood agent whose practice spans across acting,.

Faraday Future Announces Second Group of FF 91 Spire Users and Developer Co-Creation Officers, Featuring World Champion Derek Bell, and Launches the Thrilling 'FF All-Hyper Global Racetrack Conqueror Plan'

The EV maker held a special meeting of shareholders to vote on several key matters. Those investors ratified a reverse stock split, and a potentially big share issue.

Why Faraday Future Stock Rocketed 26% Higher Today

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“Faraday Future,” “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that Justin Bell, a second-generation, world champion race car driver from England, has signed a sales agreement and Developer Co-Creation agreements with the Company. As part of this exciting development, Bell will serve as a Developer Co-Creation Officer and is the first us.

Faraday Future Announces World Champion Race Car Driver Justin Bell as the First FF 91 2.0 Futurist Alliance User and Developer Co-Creation Officer of the Second Group of Users of the Company's Phase-2 Co-Creation Delivery

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) ("Faraday Future", “FF” or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today broadcasted the Company's first delivery ceremony for its flagship FF 91 2.0 Futurist Alliance EV. The Company also launched the online platform on the FF APP and FF.com for Developer Co-Creation Officer recruitment. The user who comes from Private Collection Motors (PCM), a major play.

Faraday Future Launches the Developer Co-Creation Officer Recruitment Platform and Releases the First FF 91 2.0 Futurist Alliance Delivery Ceremony Video

Faraday Future Intelligent Electric has delivered its first electric SUV. But investors are skeptical about the company's path to scaling production and deliveries.

Why Faraday Future Intelligent Electric Stock Fell Today

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF,” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that the Company will publish a shareholder letter containing its second quarter 2023 results after market close on Monday, August 21, 2023, to be followed by a conference call at 4:30 p.m. Pacific Time (7:30 p.m. Eastern) on the same day. Interested investors and other part.

Faraday Future Announces Timing of Second Quarter 2023 Earnings Release and Webcast

Faraday Future (NASDAQ: FFIE ) stock is a hot topic among traders on Monday after the EV company delivered its first FF 91 2.0 Futurist Alliance. The FF 91 2.0 Futurist Alliance is a luxury EV made by Faraday Future and will have further deliveries this year.

FFIE Stock Alert: Faraday Future Delivers Its First FF 91

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) ("Faraday Future", “FF” or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that it completed all the necessary processes prior to delivering the Ultimate AI TechLuxury FF 91 Futurist Alliance to its spire user. Since the Company announced the start of the phase-2 Co-Creation delivery, the relevant processes and steps that are needed before a vehicle.

Faraday Future Completed All Relevant Processes Ahead of the First FF 91 2.0 Futurist Alliance Delivery Ceremony

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced a special delivery campaign to kick off its Developer Co-Creation Festival and the broadcast for its FF 91 2.0 Futurist Alliance Delivery Ceremony which will highlight the upcoming vehicle deliveries to prospective vehicle users. With all of the necessary compliance processes.

Faraday Future Kicks Off Its Delivery Campaign Ahead of the Developer Co-Creation Festival and the First FF 91 2.0 Futurist Alliance Delivery Ceremony This Coming Weekend

Faraday Future expects to deliver its first artificial intelligence-powered luxury car this month. The company, though, doesn't have its financial statements in place.

Why EV Stock Faraday Future Ripped 50% Higher in July

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) ("Faraday Future", “FF” or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced a new round of financing to support the Company's phase 2 Co-Creation delivery of its Ultimate AI TechLuxury FF 91 2.0 Futurist Alliance, along with its Developer Co-Creation strategy. On August 4, 2023, the Company issued $16,500,000 aggregate principal amount of its unsecur.

Faraday Future Secures New Funding to Support FF 91 2.0 Futurist Alliance Phase 2 Delivery, Announces Developer Co-Creation Strategy, and Recruits Developer Co-Creation Participants

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF,” “Faraday Future,” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, announced today that the Board of Directors of the Company (the "Board”) unanimously appointed Lev Peker as a member of the Board and as a member and the Chair of the Audit Committee of the Board. Mr. Peker is an automotive and retail experienced C-Suite executive who has served in the CEO.

Lev Peker Appointed to Faraday Future's Board of Directors

The electric vehicle maker is now days away from roling out its first model, it claims. This is the FF 91 2.0 Futurist Alliance.

Why Faraday Future Stock Raced Nearly 8% Higher on Tuesday

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF,” “Faraday Future,” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, announced the official launch of the second phase of its co-creation delivery, and will deliver the FF 91 2.0 Futurist Alliance to the first users. This marks a significant milestone for the Company as FF initiates the second phase of its three-phase delivery plan. FF has also successfully.

Faraday Future Announces the Launch of the Phase-2 Developer Co-Creation Delivery and Will Initiate the Delivery Process in the Second Week of August - This Marks the Company's Entry of its Brand-New Development Phase

Aurora Cannabis

Canoo

T2 Biosystems

If you're looking for penny stocks to buy right now, you're not alone. The volatility in the stock market today has brought back the risk-on sentiment.

Penny Stocks To Buy Now? 4 Under $1 To Watch This Week

Troubled electric vehicle (EV) maker Faraday Future (NASDAQ: FFIE ) stock rose 10% over the weekend despite announcing a production delay. The company said it has completed crash tests on its FF 91 sedan and will begin production tomorrow, Aug. 1, in China.

Why Is Faraday Future (FFIE) Stock Up Today?

Bionano Genomics

Brenmiller Energy Ltd

Senseonics Holdings

Soluna Holdings, Inc.

Today's penny stock market is brimming with high-volatility stocks. That especially relates to those that fall into the category of the cheapest penny stocks.

Best Penny Stocks To Buy Now? 6 Under $1 To Watch Now

Some of the most volatile penny stocks today are the cheapest. This idea of “cheap” is in the sense that prices are extremely low compared to other stocks.

3 Penny Stocks Under $1 To Watch Before August 2023

Mullen Automotive

Lordstown Motors

Workhorse Group

Lordstown Motors Corp

As this year's bull market rages on, short squeeze electric vehicle (EV) stocks have received renewed interest from investors. Indeed, there are a number of potential EV makers whose stock price has, in some investors' minds, been overblown to the point where a squeeze has become inevitable.

News for Faraday Future Intelligent Electric Stock (FFIE)