Faraday Future

On Thursday, major U.S. indices took a hit, with the Dow Jones Industrial Average falling 0.4% to 40,712.78, the S&P 500 dropping 0.9% to 5,570.64, and the Nasdaq slipping 1.7% to 17,619.35. These are the top stocks that gained the attention of retail traders and investors throughout the day:...

In a strategic move, Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) has announced its foray into the Middle East market. This expansion involves a partnership with Master Investment Group and Siraj Holding LLC, and the launch of a limited-edition model specifically designed for this market...

U.S. stocks showcased a mixed performance as trading neared its end on Wednesday. The Dow Jones experienced a dip, falling by 70 points or 0.2% to settle at 34,575.53. In contrast, the NASDAQ exhibited a slight uptick, rising by 0.29% to 13,813.59. The S&P 500 also displayed a marginal gain,...

The debut of Lucid Group Inc (NASDAQ: LCID) trading this week marks another electric vehicle company going public via SPAC merger. The hosts of Benzinga’s “SPACs Attack” featured two prominent electric vehicle companies — Lucid Group and Faraday Future — focused...

After a busy June that saw dozens of SPAC merger votes completed, July is shaping up to be another busy month for the SPAC sector. Several of the June mergers saw strong trading patterns after their merger vote, and the de-spacing process had been completed. SPACs could be coming back in...

Luxury electric vehicle brand Faraday Future is going public with a SPAC merger announced Thursday. The SPAC Deal: Faraday Future is going public with Property Solutions Acquisition Corp (NASDAQ: PSAC) in a deal that values the company at $3.4 billion. The deal will give Faraday Future over $1...

California-based electric vehicle startup Faraday&Future Inc is considering going public through a reverse merger with a blank check company, according to Reuters. CEO Carsten Breitfeld didn't disclose the specifics of the deal. What Happened: The company expects to generate $800 million to...

The last few weeks, it seems like everyone has wanted to buy shares of Tesla Inc. (NASDAQ: TSLA), which has been on a run that's seen its share price rise by about 80% over the last month. But what if Tesla were looking to buy? Cascend Securities Chief Investment Strategist Eric Ross had a look...

Faraday Future, the electric car startup that was dubbed as being the "Tesla Motors Inc (NASDAQ: TSLA) Killer," isn't all it seems to be. Faraday Future revealed its FF91 electric vehicle in early January, which can beat Tesla's Model S sedan set to "Ludicrous Mode" and described the car as being "...

Shares of Tesla Motors Inc (NASDAQ: TSLA) were trading higher by nearly 2 percent Wednesday morning as investors appeared to be brushing off a key product announcement from a presumed competitor. Faraday Future, a somewhat-secretive electric-car startup that has been dubbed the "Tesla killer,"...

Faraday Future, the somewhat-secretive electric-car startup — considered to be a "Tesla Motors Inc (NASDAQ: TSLA) killer" — navigated 2016 under the radar. However, the startup financed by Chinese internet billionaire Jia Yueting erased much of the mystery surrounding the company when...

When you think of companies heavily investing in self-driving and autonomous vehicles and related technology, you might think of a Silicon Valley startup or tech giant. However, according to the Wall Street Journal, you might be thinking wrong. According to the Journal, Detroit-based Ford Motor...

Faraday Future, an electric-car company, has added former Ferrari executive, Marco Mattiacci, to a top leadership post, according to a Business Insider report. The report said the appointment of Mattiacci, "an award-winning auto executive who led Ferrari North America and Ferrari Asia Pacific...

Tesla Motors Inc (NASDAQ: TSLA) might want to start worrying about a Chinese tech and entertainment company named LeEco – formerly Letv, often dubbed as China’s Netflix, Inc. (NASDAQ: NFLX). But, why should a vehicle maker be concerned about an entertainment producer and consumer...