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by: xpoolPosted on: August 19, 2025

Faraday Future Stock Plummets After Crypto Strategy Unveiling

Shares of Faraday Future Intelligent Electric (FFAI), an electric vehicle manufacturer, dropped nearly 7% on Monday following the release of its Q2 financial report. This decline came after the company announced a multi-billion dollar plan to build a cryptocurrency reserve. While shares initially rose during morning trading, they closed at $2.58, erasing gains from last week.

Related posts:

  1. Faraday Future Turns to Crypto & AI Amidst Sales Slump
  2. Faraday Future Launches C10 Treasury & Index Initiative to Bridge Finance & EVs
  3. Faraday Future Invests in Crypto: Plans Multibillion-Dollar Strategy
  4. Faraday Future Invests $30 Million in Cryptocurrency – New Era for the Electric Vehicle Company
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