Jia Yueting: FF Completes $70 Million Fundraising from Institutional Investors and Initiates Five Major Transformations
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Author:小编   

Faraday Future (FF) founder Jia Yueting released a 'Letter to Investors,' announcing his return as FF Global CEO after seven years. FF has secured $25 million in financing, bringing its recent cumulative funding to $70 million—sufficient to support the first-phase strategic goals of its robotics business. The company plans to spend two years adhering to the principles of AI First and Shareholders First, building a 'Trinity' ecosystem strategy around EAI to transform into a Physical AI ecosystem company. FF will reinforce five unique values through five major transformations, highlighting six differentiating features compared to Tesla. Moving forward, the company will implement comprehensive reforms across five areas: strategy, product technology and operations, finance, capital, and AI systems, driving value maximization in three phases spanning 2026, two years, and five years. Jia emphasized that three core priorities remain unchanged, as FF reshapes organizational execution to fully deliver on its commitments.