Zhitong
2024.05.20 14:25
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U.S. Stock Market News | Faraday Future Surges Over 62% with Trading Volume Approaching 300 Million

On Monday, the stock price of Faraday Future surged, with the stock rising over 62% to $1.66 as of the time of writing, with a trading volume of nearly 300 million. Jia Yueting previously stated that more and more people are realizing the unique position of Faraday Future as a bridge between the Chinese and American automotive industries, as well as its many unique values. Jia Yueting mentioned that, under the premise of complying with relevant US laws and regulations, Faraday Future can help car manufacturers and supply chains quickly enter the US market, reduce trial and error and time costs, and hopes to have the opportunity to cooperate with Chinese car companies

According to the Zhitong Finance and Economics APP, on Monday, the stock price of Faraday Future (FFIE.US) surged, with the stock rising over 62% to $1.66 as of the time of publication, with a trading volume of nearly 300 million shares. Jia Yueting previously stated that more and more people are realizing the unique position of Faraday Future as a bridge between the Chinese and American automotive industries, as well as its many unique values. Jia Yueting mentioned that, under the premise of complying with relevant U.S. laws and regulations, Faraday Future can help car manufacturers and supply chains quickly enter the U.S. market, reduce trial and error and time costs, and hopes to have the opportunity to cooperate with Chinese car companies