Faraday Future Intelligent Electric Inc. (FFIE) has not been in the news today, leaving the stock's movement unexplained by recent events. However, discussions on Reddit provide some insight into the current sentiment surrounding the company. One thread highlights the company's efforts to improve manufacturing efficiency by insourcing the seats for its FF 91 2.0 EV, a move that some users see as a positive step towards better control over production quality.
Reddit discussions also reveal a divided community, with some users expressing skepticism about the stock's potential. One user commented on the significant short interest, noting, "SI increasing almost 22%," while another remarked on the profitability of shorting the stock, saying, "if you shorted this back in June, you would have made enough to retire." These comments reflect a broader sentiment of caution among investors, with some users questioning the long-term viability of the company.
As of the latest update, Faraday Future's stock is trading at $1.22, reflecting a slight decrease of 0.81% from the previous close.