$FFAI's own lenders are shorting this and @FaradayFuture signed up for it.
Link to the SPA filing, Image of the relevant paragraph, then images of direct translations by ChatGPT
https://t.co/VSlWUgENew
@YTJiaFF Is nothing but a scamming liar blaming illegal short selling.
$FFAI to be deleted from the Russell Microcap and 3000 indexes.
https://t.co/fWqVUAobay
https://t.co/C1D6YUqVB5
@YTJiaFF#FFAI@JerryWangff Faraday Future @TheFaradayX
$FFAI I called this back in Jan. @YTJiaFF scammed you all with more PowerPoint cars
Promises made, promises broken
https://t.co/S0jYgtT9KL
@TheFaradayX@FaradayFuture Faraday Future @JerryWangff#FFAI @faraday_me
$FFAI $AIXC
@YTJiaFF has repeated this narrative in the earnings call that they "initiated legal action against illegal short selling and the dissemination of false misleading information" but the company's own filings say this a LIE once again. No such lawsuits in the 10Q
$FFAI #FFAI@YTJiaFF $AIXC @WolfpackReports@FaradayFuture Faraday Future has made a lot of threats against "illegal short sellers" over the last year but, according to their year end report, they have filed ZERO lawsuits against them.
https://t.co/8uwOSJdxAy
@Ethan210323 $FFAI More funding = more dilution. These investors get guaranteed returns no matter which way the price goes. They aren't "betting" on anything. It's all dilutive financing which is why the price continues to drop.
$FFAI
$31.5 million cash outflow on $512 thousand revenue inflow. Lets break it down
Cash out
$10.5m/month
$2.625m/week
$525,000/bus. day
Revenue in
$170,666/month
$42,666/week
$8,533/bus. day
$61.52 spent per $1 in revenue. They spend more $ per day than their total reven
In a shocking turn of events, $FFAI shit the bed again in Q1, posting an operating loss of $35.9 million on $512k of revenue.
That's not a business--it's a wealth transfer from gullible investors to overpaid executives.
@Ethan210323@datdudefrewil The RS proposal will 100% pass on the 22nd. Whether or not they implement it will depend on the price.
This company has burned through $5 billion in its existence. You have to be a very optimistic person to believe this robot pivot a few months ago will turn it all around
@PoweredByYaH Why do I keep seeing this garbage in my feed? I have this idiot blocked, muted and keep reporting their posts but this useless trash keeps coming across my feed. This platform is terrible.