$Faraday Future Intelligent Electric Inc. (FFIE.US)$ As of January 15, 2024, Faraday Future Intelligent Electric Inc. (FFIE) had sold 10 electric vehicles (EVs), including some to company executives. The company's goal is to sell and produce 1,000 units this year.
FFIE is an American startup company that was founded in 2014 by Chinese businessman Jia Yueting. The company is headquartered in Los Angeles, California.
In 2023, FFIE faced financial challenges and supply chain issues that nearly wiped out 99% of its market value. In the first nine months of 2023, the company generated an operating cash flow of -$240.37M. In the third quarter of 2023, the company reported revenue of $551K, a gross loss of $15.58M, an operating loss of $66.447M, and a net loss of $78.046M.
Earlier this year, FFIE implemented a one-for-three reverse stock split to regain compliance with listing requirements.
74341693 : See you a lot of times
NoNo444 : why do you care if it goes to 0.5 or not? xD
Edward Lavallais : So what should we buy instead???
OptionsKing OP NoNo444 : I'll take your money on my short. so yea I care, join me or lose your money you decide
LittleSoldier : Seriously what is your deal are you trying to be the Jesus savior of everyone here who has invested. If your not invested go post your BS some where else. You F-ing Troll
OptionsKing OP Edward Lavallais : OCGN around $1.80 to $1.90. CGC around $10. real companies with stocks up but not down....low volume and big news developing on both companies. I bought CGC at $4 and OCGN at $1.00
OptionsKing OP LittleSoldier : Yes don’t you wanna make money? Short it with us and win duh