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FF Names YT Jia Co-CEO Alongside Matthias Aydt, Targets Tens Of Thousands Of FX Unit Sales Within Two Years Of Production Start

Benzinga·04/25/2025 06:50:46
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  • YT's Additional Equity Incentives Tied to Market Cap and/or Stock Price.
  • FF Enters Founder + Professional Manager Era with 10 Key Transformations for Company Success at Company's ‘FF Stockholder Community and FX Co-Creation Day' Held Today in Los Angeles.
  • Business Targets: First FX Vehicle Off the Line by 2025 Year-End;
  • Financial Targets: Achieve Positive Gross Margin and Operating Cash Flow and Move Toward Overall Profitability.
  • Capital Targets: Put Stakeholders First, Restore Market Confidence, and Launch a Global AI and AIEV Tech M&A Strategy to Build a Global AI Vehicle Ecosystem.
  • The Global Bridge Strategy Supports Restructuring of the US Auto Industry.
  • Company to Fully Transform FF to Maximize Stakeholder Value Without Compromise; Stand Firm Against Illegal Short Selling.