Faraday Future Intelligent Electric Inc. (FFIE) shares have risen by 3.97% to $1.57 as of November 25, 2024. The stock's upward movement is attributed to the company's recent announcement of securing 100 sets of Fuji vehicle body parts, which are intended to support the manufacturing of the FF 91 2.0 model. This development is seen as a positive step in advancing the production capabilities of Faraday Future, potentially boosting investor confidence in the company's ability to deliver on its manufacturing goals.
On Reddit, discussions about Faraday Future are mixed, with some users expressing skepticism about the company's prospects. One user commented, "I see them build bridges as a construction company sooner than they make cars, true that," reflecting doubt about the company's ability to transition from plans to production. Another user, however, remains optimistic, stating, "Still buying at discount prices. I see what’s coming." The community appears divided, with some users questioning the viability of FFIE's business model, while others hold onto hope for future success. As one user put it, "Man, can you believe that some people actually buy into the narrative? 'Holding the line', 'fight for X dollar', or something attack."