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InsideEVs
InsideEVs
Technology
Andrei Nedelea

Faraday Future Insists FF91 Production And Deliveries Will Start In Q4

Faraday Future

If you’ve been watching the automotive side of the stock market, you may have noticed that Faraday Future shares take a sharp dive over the course of this month, especially after the company announced a net loss of $142-million in the second quarter of 2022. There also appears to be instability in its board and as of August 26, the company announced that its cash balance had dropped to just $47.2-million, way down on the $276-million it reported at the end of Q1.

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