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Faraday Future - the next EV failure or the next Tesla? 1. Lordstown bankruptcy 2. Share price $0.15 - May 2 $0.45 - June 16 $0.28 - June 20 $0.20 - June 30 3. Wrong timing of Press Release of Reverse Split and delay of delivery (June 16 Friday, afterhours, on a Father's day weekend) 4. Killed stock price momentum, killed the bull run, resulted in massive selloff 5. Lost trust of investors 6. Investors previously voted to say NO to reverse split 7. Received 180-day extension until October 30, 2023 to meet NASDAQ’s $1 minimum bid price 8. Investors fear of losing their entire investments due to a Reverse Split 9a. Big institutional investors (if the management is proposing a reverse split to attract big institutional investors, then what happens to the existing investors -- it is daylight robbery of their shares, also, how can the management guarantee that a second or a third reverse split will not take place???...these Big Institutional investors will suffer and lose their investments as well.... bottomline -- PLEASE REMOVE REVERSE SPLIT and let the stock price grow naturally, just focus instead on restoring investor confidence, delivering the product on time in August 2023 and getting a celebrity to advertise the product!!!!) 9b. Mullen 3 splits 10. Suggestions for success From the investors: - improve Company transparency and honesty ( to recover investor . trust ) - remove reverse split and focus on the delivery to improve stock price - improve Press Release timing - how many pre-orders with deposits - what parts are missing and what's causing these delays in the supply chain - advertise the product with a celebrity (Lawrence Fishburne aka. Morpheus in the movie Matrix) - Faraday Future videos needs to be simple (without complex terms) and native English speakers will increase interest and appeal - updates on previous safety issues (is it fixed) - other critical activities necessary to ensure delivery of the product on time in August 2023 (no more delays) - community events and other promotional activities to promote the product and restore trust of investors
Faraday Future Intelligent Electric Inc. is an American electric vehicle company founded in 2014 and headquartered in El Segundo, California. It began customer deliveries of its FF 91 luxury vehicle in 2023 but had delivered only a small number of vehicles by 2025. In 2024 and 2025 the company shifted focus to a lower-priced second brand, Faraday X, centered on the FX Super One multi-purpose vehicle, and in early 2026 it expanded into robotics.
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