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Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: Company to Announce Major Breakthrough of Its Bridge Strategy on August 16 in Pebble Beach
LOS ANGELES--(BUSINESS WIRE)-- Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global
About this update from Faraday Future Intelligent Electric Inc.
[{"type":"text","content":" LOS ANGELES--(BUSINESS WIRE)--\nFaraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today shared a weekly business update from YT Jia, Founder and Co-CEO of FF.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250803404452/en/Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: Company to Announce Major Breakthrough of its Bridge Strategy on August 16 in Pebble Beach.\n“This is our 14th weekly update, and also the third monthly edition. This week, we witnessed a turning point in the global economy. Following the U.S. Congress passing its first federal crypto legislation—the ‘Genius Act’—the SEC also launched a major new initiative called Project Crypto. In my opinion, this marks a significant acceleration of blockchain integration into the U.S. financial system. It signals that the U.S. is building the next generation of Web3 infrastructure, driving a full-scale convergence between Web2 and Web3. More importantly, it represents a major shift in the global landscape of technology and finance, and the beginning of the next wave of innovation.\n\n\nToday also marks my 100th day as Co-CEO. Before we get into the results of our ‘100-Day Renewal,’ I’d like to give you a preview of something even more important, a major strategic upgrade: On August 16th, at Pebble Beach, we’ll officially unveil and kick off the second chapter of our Bridge Strategy. This will not only be a major milestone in the evolution of our Bridge Strategy — and we expect that it will also open up a new growth curve for FF.\n\n\nIn addition, our upcoming Q2 earnings call will mark the first time since listing that we present our five-year performance outlook. This reflects our strong confidence in the future and signals that FF has reached a new stage in both governance and operations.\n\n\nOver the past 100 days, we’ve rolled out an unprecedented ‘Ten-Punch Combo’ transformations, delivering a full-scale refreshment from S1 to S7. Both our business fundamentals and capital fundamentals have taken a major leap forward. This lays a solid foundation and confidence for our next round of strategic upgrades. When I took office, I set out three main goals — in b...