1 week ago

Faraday Future (FFAI) Stock: Climbs on $200M Robotics Business Sale

TLDR Faraday Future (FFAI) stock jumps 5.42% following a $200 million robotics deal. Faraday Future signs a deal to transfer its robotics business to Nasdaq-listed FFR. FFAI will retain a 65.7% stake in FFR following the proposed robotics transaction. FFR secures up to $10 million in financing to support robotics development plans. Faraday Future targets [...]

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