Faraday Future Intelligent Electric Inc Stock News

Faraday Future Intelligent Electric (NASDAQ: FFIE ) may have dodged a bullet. The electric vehicle maker has been under the gun of seeing its shares delisted from the Nasdaq exchange.

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it delivered the latest FF 91 2.0 for prominent retail investor Jun He. The Chief Operating Officer of his U.S. branch accepted the vehicle at the delivery event which t...

Premium electric vehicle (EV) manufacturer Faraday Future (NASDAQ: FFIE ) — which sells electric-powered SUVs at prices rivaling homes in certain under-the-radar markets — saw its shares dip despite recent positive news. Faraday will start resuming deliveries after a four-month hiatus.

After a volatile month with some major swings, Faraday Future Intelligent Electric (NASDAQ: FFIE ) finally has a positive catalyst on the horizon. The electric vehicle (EV) producer has announced that it will restart deliveries on June 12 after pausing them four months ago.

Expert auto journalist and avid electric vehicle enthusiast James May recently articulated the biggest issue with the EV industry: ambition is ahead of technology. Yes, more charging stations are built every day, but the deeper issue is that a battery cannot replace the performance of a gas tank.

Although struggling against severe financial challenges, Faraday Future (NASDAQ: FFIE ) saw its shares jump 12% earlier on Friday. Upper management discussed strategic initiatives for the enterprise in a YouTube video.

Faraday Future Intelligent Electric (NASDAQ: FFIE ) stock doesn't seem to be headed for another short squeeze. Earlier this month, shares of the electric vehicle (EV) producer suddenly began to surge during the “Roaring Kitty rally” ignited by meme stock investor Keith Gill.

The global electric vehicle (EV) market has captivated the attention of investors and analysts globally.  However, as with any market driven by hype and speculation, the allure of quick riches often overshadows the fundamental principles of sound investing.