Industry
Jia Yueting Says After Focusing on EAI Robot Strategy, Faraday Future's Business Fundamentals Enter Best Period in History
Jia Yueting stated that after focusing on the EAI robot strategy, Faraday Future's business fundamentals have entered the best period in history due to the rapid development of the robot business. The company implemented a reverse stock split after its stock price remained below $0.10 for 10 consecutive trading days, triggering Nasdaq delisting risk. From March to June, Faraday Future shipped a total of 242 FF EAI robots, exceeding the original target of 220 units, and raised its full-year shipment target from 1,500 to 2,000 units.
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