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Faraday: Delivery Issues, Reverse Split - Los Angeles Business Journal

Faraday Future Intelligent Electric Inc.made several announcements recently, and shareholders of the electric vehicle maker weren’t pleased about them.For one, the Gardena-based carmaker said it was planning a reverse stock split. The split is designed to push up the price of the stock, thereby helping Faraday get in compliance with Nasdaq’s requirement that shares trade for more than $1 – a benchmark Faraday’s stock is well below. ....

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Faraday Future announces launch edition of $309K electric vehicle

Faraday Future, the company producing electric cars at a 1 million-square-foot facility in Hanford, began the first stage of launching their electric vehicle Wednesday. ....

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Faraday Future turns losses around in Q1 with operating expense cuts, adjustments; still needs more financing

Faraday Future, the electric car company that began producing vehicles at a 1 million square-foot facility in Hanford at the end of March, has reportedly generated over $6 million in ....

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Faraday Future postpones deliveries, announces need for cash as first vehicle rolls off production line

Faraday Future, the company producing electric cars in an over 1 million-square-foot factory in Hanford, announced that they would be delaying the deliveries of their vehicles. ....

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