18 February 2026 | News
Image Courtesy: Public Domain
Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, shared a weekly business update from YT Jia, Founder and Global Co-CEO of FF.
“Hello everyone! Happy Chinese New Year. Welcome back to our weekly report. Consistency speaks for itself, it's our commitment. A lot has changed over the past year. We've seen real, meaningful progress, and yes, we've also faced plenty of questions and skepticism. But we choose to keep communicating and keep executing.
On this celebratory occasion, I’d like to begin by sharing some personal news that brought great joy to my family and me. The night before recording this weekly update, just after I got off work and into my car, I received a call from my son. He told me his hands were shaking with excitement — he had just got admitted into Harvard’s graduate program in Computer Science and AI. I could not be prouder. Seeing him grow into an independent and driven young man fills my heart with tremendous pride. I hope that one day, like his fellow past students Bill Gates and Mark Zuckerberg, he will make meaningful contributions to the EAI industry and to society as a whole. This is truly the greatest New Year I could have ever received.
While one child is bringing me pure joy on the academic journey, my other “child,” FFAI, brings me both joy and concerns. On the positive side, following the signing of the upgraded collaboration agreement on the Bridge Strategy last week, our industry partner recently expressed recognition and support for the progress of the Super One project in a video. With the deep cooperation and strong support from one of China's top car companies and supply chain, we are confident that the Super One project will be successful and this partnership will soon be fully up and running. Personally, I believe that any initiative that drives a win-win outcome for both the U.S. and Chinese automotive industries — while supporting the global expansion of China’s supply chain — is well worth pursuing.
I also want to emphasize that the series of agreements for Super One are structured as standard contracts with full foreground intellectual property rights. We retain ownership of all foreground IP related to FX Super One — including any new intellectual property resulting from product modifications required for U.S. regulatory compliance, as well as advancements in software and AI technologies. This would be a great asset to the Company.
I would also like to add that vehicle certification in the United States is among the most rigorous and complex in the world and naturally requires additional time. Moreover, as Super One is designed to be a high-volume vehicle, quality control is even more critical. We ask for your continued patience and trust — and we remain fully committed to delivering a product that not only meets user expectations but exceeds them.
What concerns me is that over the past few months, FF’s market performance has been weak, which has impacted investor returns. What has made me most anxious is that some investors have not understood or even agreed with our strategic upgrades. We have done deep reflection on this. I understand that during the holidays it may not be appropriate to talk about heavy topics. But out of responsibility to the company and to our stockholders, I want our mistakes and reflections to stay in last year—so that in the new year we can focus fully on execution, correction, and improvement.
Root-cause reflection: while our EAI vehicle business has not yet reached scaled deliveries and our operating foundation still needs to be further strengthened, we introduced a new crypto strategy and business last year. This created concerns among investors that our strategy and resources were not sufficiently focused, and those concerns have continued.
On the other hand, the EAI robotics industry is still at an early stage, and we introduced our robotics products ahead of Super One reaching scaled delivery. While many people have recognized our “EAI Vehicle + EAI Robotics” dual-engine strategy announced earlier this month, it has also raised questions and concerns among some investors.
Another specific point of reflection is this: we devoted almost all of our energy to business execution, but our efforts to timely counter potential illegal trading activity were not strong enough, especially illegal manipulating to stock price and target to profit by short selling. And we were unable to stop the spread of false information on social media, which misled many investors and caused losses.
Following a thorough internal reflection and review, we will roll out a correction and improvement plan for EAI Robotics and recommend major changes for AIxC, while returning to stronger strategic and operational focus around FF. We will provide details in next week’s weekly report. At the same time, we will continue to take a series of measures to strengthen our actions against the spread of false information and any illegal short selling with the Company. Recently, we’ve identified several parties potentially involved in unlawful manipulative social media activity and have begun gathering evidence. The Company will take all appropriate actions including legal action to protect stockholders’ interest.
In the Year of the Horse, we’ll bring full horsepower to execution—full focus on delivery, and relentless work to maximize stockholder value. Finally, thank you again for your long-standing support and trust. We’ll keep pushing—until we get there.”
