Faraday Future lost $44M in Q1, delivered only two vehicles, faced financial struggles.

From Yahoo Finance: 2025-05-15 10:22:00

Faraday Future, an EV maker, has faced financial struggles but received a $100 million funding commitment in the past six months. The company signed a pre-order agreement for up to 1,000 vehicles but posted a $44 million operating loss and only delivered two cars in Q1. Future outlook remains uncertain despite plans for AI-enhanced vehicles.



Read more at Yahoo Finance: EV Maker Lost $44M in Q1 After Delivering Just Two Vehicles