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Faraday Future report Q4 earnings: Is another hype on the way?
$Faraday Future Intelligent Electric Inc. (FFIE.US)$ reported a loss of $431.7 million in 2023, with a first-time revenue generation and redu Show More
$Faraday Future Intelligent Electric Inc. (FFIE.US)$ reported a loss of $431.7 million in 2023, with a first-time revenue generation and reduced operating losses.

The electric vehicle maker said that driven by current market conditions and funding levels, it is withdrawing its production target guidance for the year. The company continues to seek additional key strategic investors.

Shares of FFIE fell more than 21% after hours.
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