Scientific names for car companies?
$Faraday Future Intelligent Electric Inc.(FFIE)$is an American start-up technology company focused on the development of electric vehicles, founded in 2014.
It's new production model launch, FF 91 is competing in the high end luxury market with Volkswagen Porsche and $Lucid Group Inc(LCID)$
It's planned future launch of FF 81 is competing in the mass market with $Tesla Motors(TSLA)$and other smaller players.
That's going to be a tough fight.
Better off speculating/trading this stock. When its high, short it. When its reaches a bottom, long it - for a short while [Happy]
Can't imagine how it's going to survive and beat the competition in the long term.
-small market for high end/luxury model
-"mass market" model is still more expensive than Tesla
-only $276 million in cash as of Mar 31, after net loss of $153 million. In this high interest rate environment, cash is King. Its going to be a challenge if revenues don't increase significantly.
- and here's some bad news. Just Google: The Horizon Darkens for Faraday Future, Dubbed 'Next Tesla'
Remember, Tesla is only a car company.. And so is $Faraday Future Intelligent Electric Inc.(FFIE)$
Can't wait for the next electric vehicle company startup.
A suggestion for it's name - Coulomb Car Corporation
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Belong·2022-07-10Haha, catchy suggestion5Report
- Kerrisdale·2022-07-11There's many players in the EV market. competition is definitely tough for new entrants1Report
- Vinncent·2022-07-10Great ariticle, would you like to share it?2Report
- PandoraHaggai·2022-07-11What good words, I learned a lot.1Report
- PandoraHaggai·2022-07-11What good words, I learned a lot.1Report
- HilaryWilde·2022-07-11Great post, looking forward to your next post.1Report
- MaShao·2022-07-10thanks for sharing1Report
- BriBri·2022-07-09See if Tesla can sustain the lead1Report
- balaranjith·2022-07-10ok2Report
- EL94·2022-07-10😁1Report
- AHO·2022-07-10[呆住]2Report
- KarenBaek·2022-07-10👍🙏🙏2Report
- DeepSea01·2022-07-10Ik1Report
- superduper·2022-07-10Kk2Report
- msms01·2022-07-10k1Report
- Low Jun Quan·2022-07-10a2Report
- tx34·2022-07-10Good name2Report
- ___ _·2022-07-10🚙🚗🚕3Report
- dlhz·2022-07-10Ok1Report
- KSeow·2022-07-10👍3Report