Buffett's junior apprentice$Faraday Future Intelligent Electric(FFIE.US) The romantic autumn breeze in September 2024 brings good news that Faraday Future has resolved its listing compliance crisis, symbolizing the company's official entry into a new phase of operations!
According to relevant information in September, Faraday Future is also set to launch an AI EV sub-brand, officially marking a new starting point for the company. Personally, I believe the AI EV will target the mid-to-low-end market, while Faraday Future will focus on the high-end market!
For now, we can only wait for the AI EV sub-brand to be finalized and observe market acceptance. The upward logic for Faraday Future remains bearish for the time being.
Keep an eye on it but don’t trade—I’m a bit scared 😱 of Faraday Future's reverse stock splits. Since its listing on July 22, 2021, whenever the stock price falls below $1, they execute a reverse split. The most recent one was a 40:1 ratio.
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