How did you get fried? Faraday Future's stock price soared 1619% in 4 days, which you must know about these 14 points

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2024-05-17 15:30Published in Shanghai Automotive Creators

How did you get fried? Faraday Future's stock price soared 1619% in 4 days, which you must know about these 14 points

In the stock ticket market, what "demon stocks" have you seen?

If later people look back on the history of the current new energy vehicle market, then Faraday Future, the flying demon stock, will definitely be remembered.

On May 16, Faraday Future closed at $0.7050, up 147.27% on the day. It has risen 1,619% in the past four trading days, and the total market capitalization has soared to $30 million.

So, how did it all happen? What did Boss Jia do behind the scenes? Let's sort it out with the next 14 questions.

1. Why can it rise so much?

Faraday Future is listed on the NASDAQ, and the NASDAQ has no up and down limits, and it is not illegal to rise no matter how much it rises.

2. Why can a garbage stock still be pulled up?

In the stock market, if a rotten stock moves, there are only two possibilities: either it will be delisted or it will skyrocket.

3. Is the skyrocketing related to the car?

No! Boss Jia's Faraday Future has been tossed to this point, and it is difficult to measure whether it is profitable, how much it has sold, etc., this is completely a capital operation.

4. What is the popularity of Faraday Future?

Boss Jia successfully branded the company as a "Sino-US automobile bridge", and most of its value at this stage is used for hype.

5. Is Faraday Future a "Sino-American automotive bridge"?

No! The United States has recently raised the tariffs on China's electric vehicles by 4 times, and most Chinese new energy manufacturers basically have a Buddha nature and a flat attitude towards the American market.

6. What is Boss Jia's "personal IP commercialization"?

To put it simply, it is traffic monetization, such as the most common live streaming.

7. Is the stock price surge a return to the light?

Stock prices will not be pulled up out of thin air, there is a reason why they can be pulled up, there is no metaphysics and fatalism in the stock market.

8. Did Faraday Future go ashore after the skyrocket?

Not really! Even with such a terrifying increase, the stock price is still only $0.705 and could be delisted at any time.

9. Can the stock price surge continue?

It's hard to say that Faraday Future's stock price was pulled above $10 in September 2023, but then fell into the dust again.

10. What is the purpose of Boss Jia's hype?

Faraday Future has received a letter from the Nasdaq exchange on April 30 and is in danger of being delisted. There are not many things that Boss Jia can use to speculate and repay debts, so he must keep his listing qualifications.

11. Can Boss Jia's "personal IP" be fried?

It's not easy! Faraday Future was listed in the United States, but he mainly spoke in China, and if he wanted to monetize, he had to return to China first; If he wants to return to China, he needs to cash in first, which is a chicken-and-egg problem.

12. Can Faraday Future be rescued?

The probability is very low, the US electric vehicle market is declining, and the Chinese electric vehicle market is booming, but it is difficult to grasp.

13. Can Boss Jia return to China?

It's hard for the time being, and Faraday Future only has a market value of $30 million after it skyrockets, which may not be enough to repay the interest.

14. What is Faraday Future's contribution to China's new energy industry?

It is undeniable that Jia Yueting and its Faraday Future played a leading role in the new energy vehicle market many years ago, but its main contribution to this day is jokes, and sometimes, there are always some people in the market who need this kind of lace news.

Conclusion

Although there are rumors on the Internet that Warren Buffett has taken a stake in Faraday Future, I checked it and it is not reliable news so far. Looking at the current Faraday Future and Boss Jia, it is very strange that something has happened, and it is indeed a miracle to be able to hold on until now. Finally, I would like to leave you a small question for Yuanfang: How much do you think it has to do with the new energy vehicle market? See you in the comment area~

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