$Faraday Future Intelligent Electric Inc.(FFIE)$ I’ll ask this again . Can you bulls give me one logical reason why this stock would go up ? Its prospects are beyond dismal and it takes years and billions of dollars to ramp up a EV car company . They don’t even have a brand , let alone one that anyone has heard of . No manufacturing capability , no money , burning through about $150m a quarter , no sales of existing product . No new “low cost product “
Muln already tried buying and rebranding cheap Chinese EV’s to sell . Look how that’s going and they are way better funded with way more infrastructure. This company is cooked .
Other than preying for GME meme run you’d have to be nuts to be long on this ticker . It already had its little meme run to $11.40 also . These guys will be raising a ton more money and diluting as much as they can to stay alive . That’s if they don’t go BR first .
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