Faraday Future Shares Jump After EV Model Development Launch

MT Newswires Live

2024/11/21

Faraday Future Intelligent Electric (FFIE) shares jumped nearly 16% in recent Wednesday trading after the company announced the launch of development for its FX electric vehicle.

The company said the first "prototype mules" for the FX model had arrived at its China headquarters and would be shipped from Beijing to Los Angeles for product development and testing.

Price: 1.47, Change: +0.20, Percent Change: +15.75

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