EXCLUSIVE: Faraday Future Wants A Tesla-Style Breakout—And Mariah Carey's Already Driving
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Faraday Future Intelligent Electric Inc (FFAI) aims to emulate Tesla's success by transitioning from its luxury FF 91 model, already owned by celebrities like Mariah Carey, to a more affordable FX Super One SUV priced between $50K-$70K. With 10,000 reservations and plans for production by year-end, the company claims a leaner financial model with only $80 million in burn last year. Faraday is also diversifying its treasury with index funds and crypto assets, presenting both a unique opportunity and risk for investors.
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