+$650 million of funding available for FF, plenty of cash and no debts.
As per yesterday communication from FF management- they had secured an additional $30m from existing shareholder, of course I can’t confirm it is me because that is not how the capital world runs.
FF91 test results are above expectations, a luxury fully autonomous vehicle is ready for SOP just weeks away. FF tests beats struggling Tesla, Mercedes and many other EV brands.
The Shorter’s (Bearish) comments is a reflection on how nervous they really are, understandably. They made the wrong bet, FF is making further progress and is backed by SERIOUSLY RICH INVESTORS. We have the cash to ensure SOP success in USA, EU, China and beyond.
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