On February 9, FF founder Jia Yueting responded to the company’s unusual stock price fluctuations in the latest weekly report. Jia Yueting said that after the release of FF EAI robot products, FFAI's stock price experienced abnormal fluctuations. In the past two days, the closing price was below $1.
Jia Yueting said that it will strengthen communication with shareholders, and said that the EAI robot business is an upgrade of its overall strategy. It will not only not affect car manufacturing, but will reversely empower the automotive business from various aspects such as business and capital, and accelerate the large-scale delivery of Super One.
In response to the current capital market conditions, FF has proposed four measures: resolutely oppose joint stock and treat additional issuances with caution; emphasize the robot business as a new growth curve; accelerate the mutual empowerment of the "car and robot" dual businesses; and strengthen transparent communication with shareholders. The company said that its original FF Par sales model has attracted the attention of some U.S. dealers. The robot business is scheduled to be delivered at the end of February, with priority focused on high-frequency scenarios such as 4S store reception and home security.
Jia Yueting also mentioned that FF will announce a major milestone information on the mass production delivery of Super One after the market closes on February 10 (Tuesday).