Faraday Future (FFIE) Stock: To the Moon or Straight to Zero?
FFIEFaraday Future(FFIE) Investor Place·2024-06-18 18:30

You could almost feel retail investors celebrating in late May after shares of electric vehicle maker Faraday Future Intelligent Electric (NASDAQ:FFIE) surged from 4 cents to $1.80. The stock briefly became the most researched stock on InvestorPlace.com, and social media sites made it sound as if the only direction FFIE could go was up. Of course, this simplifies the situation. Calling Faraday Future an “EV maker” is relatively generous, considering the firm built roughly 15 vehicles last year and sold just ...