laitimes

Jia Yueting used $10 billion to repay US debts, but was ordered to delist by NASDAQ

author:Today's Malatang

This is today's Malatang channel, thank you for your support for me, a newcomer to the headlines. I hope that friends who come will like, forward, and comment more, and wish everyone a "good year of the dragon and rolling money" in the new year.

Jia Yueting used $10 billion to repay US debts, but was ordered to delist by NASDAQ

Loading...

Recently, Jia Yueting, who has attracted much attention, has once again become the focus of public opinion. He once again clarified the rumors of a trust fund for his family, and also stressed that he had successfully repaid up to $10 billion in debt, all in cash. This news has attracted widespread attention, and many people have questioned Jia Yueting's ability to pay debts.

Jia Yueting used $10 billion to repay US debts, but was ordered to delist by NASDAQ

In response to the concerns of the outside world, Jia Yueting said frankly that in the process of starting a business in the United States, he encountered many problems that he had not encountered in China, and every day was full of challenges. 他强调,尽管面临重重困难,但自己始终坚定信念,努力推动法拉第未来‬的发展。

Jia Yueting used $10 billion to repay US debts, but was ordered to delist by NASDAQ

However, reality has dealt a heavy blow to Jia Yueting and Faraday Future. The Nasdaq exchange's decision to delist Faraday Future is a decision that adds to the struggling company. At the beginning of Faraday Future's listing, the market value was as high as 5.5 billion US dollars, but now the stock price is only 0.042 US dollars, equivalent to about 0.3 yuan, and the market value has plummeted to 1.7837 million US dollars.

Jia Yueting used $10 billion to repay US debts, but was ordered to delist by NASDAQ

Looking back over the past decade, Faraday Future's performance in the market has been dismal. Despite its ambitions and advanced technological reserves, the company has delivered only 11 vehicles, a figure that undoubtedly exposes the company's huge shortcomings in production and marketing.

Jia Yueting used $10 billion to repay US debts, but was ordered to delist by NASDAQ

Regarding Faraday Future's predicament, netizens have expressed their opinions. Some people say that the U.S. market is not as easy to enter as imagined, and some people bluntly point out: "Americans can't cheat their money!", which partly reflects the public's criticism and concern about Faraday Future's poor performance in the U.S. market.

Jia Yueting used $10 billion to repay US debts, but was ordered to delist by NASDAQ

Obviously, there are many reasons for Faraday Future's delisting, in addition to the company's own shortcomings in operation and management, there are also many factors such as market environment and competitive situation. Although Jia Yueting's debt repayment action shows his sincerity and hard work, the future of Faraday is still uncertain. What will be the fate of this company, it will take time to tell.

Jia Yueting used $10 billion to repay US debts, but was ordered to delist by NASDAQ
Jia Yueting used $10 billion to repay US debts, but was ordered to delist by NASDAQ
Jia Yueting used $10 billion to repay US debts, but was ordered to delist by NASDAQ
Jia Yueting used $10 billion to repay US debts, but was ordered to delist by NASDAQ
Jia Yueting used $10 billion to repay US debts, but was ordered to delist by NASDAQ
Jia Yueting used $10 billion to repay US debts, but was ordered to delist by NASDAQ
Jia Yueting used $10 billion to repay US debts, but was ordered to delist by NASDAQ

In the days to come, Jia Yueting and Faraday Future will face more challenges and opportunities. Whether they can rise to the occasion and regain the trust of the market and investors will be the focus of attention in the industry. At the same time, this incident is also a wake-up call for other Chinese companies looking to expand overseas, reminding them that they must fully consider various risk factors and formulate reasonable development strategies when expanding into international markets.

Jia Yueting used $10 billion to repay US debts, but was ordered to delist by NASDAQ