FF Stock Price Wavers: Jia Yueting Rules Out Share Consolidation, Unveils 4 Strategies to Counter Short Selling
1 day ago / Read about 0 minute
Author:小编   

On February 9, in his weekly report, FF founder Jia Yueting addressed the unusual fluctuations in the company's stock price. He noted that following the launch of the FF EAI robot, the closing price of FFAI stock dipped below $1 for two consecutive days. Jia Yueting pledged to enhance communication with shareholders, highlighting that the EAI robot venture signifies a strategic enhancement. This development does not interfere with vehicle production; rather, it bolsters the automotive sector and expedites the rollout of the Super One model. FF has outlined four key strategies: a resolute stance against share consolidation and a cautious approach to new share issuances; positioning the robotics business as a fresh catalyst for growth; accelerating the synergistic enhancement of the 'vehicle and robotics' dual sectors; and fostering more transparent dialogue with shareholders. The company's innovative FF Par sales model has attracted the interest of dealers. The robotics business is set to initiate deliveries by the end of February, with a focus on applications like 4S dealership reception and home security. Additionally, FF will reveal significant milestones concerning the mass production and delivery of the Super One after the market closes on February 10.