Thursday, May 26, 2022

Faraday Future Sees Only 401 Preorders For FF 91

Los Angeles-based electric car maker Faraday Future recently reported quarterly earnings, revealing that it only has 401 preorders for its first production car, the FF 91. According to the now public company, it had 401 preorders for its vehicles as of March 31st. The company's preorders require either a $1,500 deposit for its "FF 91 Futurist" model or $5,000 for its "FF 91 Futurist Alliance Edition". Faraday Future recently went public via a special purpose acquisition company (SPAC), and is trading on the NASDAQ as FF. The company said it has signed a lease for a flagship store in Beverly Hills.