The Latest Breaking News from Faraday

Arm this week introduced its Arm Total Design initiative, which is aimed at accelerating development of custom datacenter-oriented system-on-chip (SoC) designs using Neoverse Compute Subsystems (CSS). The collaborative ecosystem unites various developers in a bid to speed up time-to-market and reduce development costs of custom SoCs for AI, cloud, and…

Would-be Tesla rivals VinFast and Fisker are among the most-shorted stocks. So are C3.ai and Upstart, which are big stock winners in 2023.

Although Faraday Future has been a revelation over the trailing month, surging speculation may not be sustainable for FFIE stock.

Faraday said it managed to acquire $135 million in funding, which will allow it to start producing the FF91 almost six years after it was unveiled.

Faraday Future said this week that it simply doesn't know if it can continue to survive, and it's unsure when it will be able to deliver its FF 91 EV.

Electric vehicle stocks moved to the downside once again in the week that ended Sept. 30 as economic worries continue to roil the broader market. Lordstown Motors Corp. (NASDAQ: RIDE) and Workhorse Group, Inc.

In a July 25 SEC filing, the California-based EV startup said it needs additional capital to pull off the launch of its flagship electric vehicle.

Production is set to begin in the third quarter of this year.

The reservations are for the FF 91 Futurist Alliance Edition, which requires a $5,000 deposit, and the FF 91 Futurist, which can be reserved for $1,500.