Full-Time
Confirmed live in the last 24 hours
Designs and manufactures electric vehicles and technologies
$86k - $108k/yr
Senior
West Athens, CA, USA
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Faraday Future operates in the electric vehicle market, focusing on creating smart and sustainable transportation solutions. The company designs, manufactures, and sells electric vehicles while also providing related services and technologies. Their products aim to enhance mobility by integrating advanced technology, which includes features for autonomous driving and connected car capabilities. Unlike many competitors, Faraday Future emphasizes a holistic mobility ecosystem that not only includes vehicle sales but also aims to improve the overall quality of life for users through innovative transportation options. The company's goal is to transform how people live and move by offering a seamless and integrated mobility experience.
Company Size
501-1,000
Company Stage
IPO
Headquarters
Gardena, California
Founded
2014
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401(k) Retirement Plan
Faraday Future has denied rumors of its executives reducing their shareholdings, stating that they have not sold any shares recently. Following a $41 million funding commitment, the company received an initial payment of approximately $10 million. They have submitted a Regulation D form for compliance disclosure, which is unrelated to any executive share sales. No common stock has been issued in this funding round. A Form 4 will be submitted to disclose any share changes due to board members exercising options.
Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobi...
Faraday Future Intelligent Electric - a California-based global shared intelligent electric mobility ecosystem company - announced that it has secured $41 million in new cash financing commitments.
Faraday Future (NASDAQ: FFAI) secured $41 million in new funding through convertible notes and warrants, with potential for an additional $10 million. This marks their third major funding round in six months, raising over $100 million since September 2024. The funds will support FX brand development, AI advancements, and general corporate purposes. The first FX vehicle is planned for launch by the end of 2025. The financing requires shareholder approval and involves unsecured convertible notes.
FF is making significant progress in developing its All-AI Mobility Ecosystem, including Personalized AI and Bespoke AI initiatives.