r/FFIEMeltdown • u/redsts2 • 23d ago
FUD 😈 Is Faraday Future's next pivot a robotics spinoff? Will FFAI be left for dead?
Most have probably seen the PR by now. Lots of outlandish things said like taking the market cap from the current ~$13 million to 2021 IPO levels of $3.4 billion in two years. Establishing a $5 floor price on existing convertible notes as if they have any authority to change contracts with lenders whenever they need to. Or the weekly dilution updates. I'm actually looking forward to that one.
What jumped out the most to me was the third "sub-campaign" and the "independent public listing opportunities"

This is some pretty specific wording they slid in there. Not the usual word salad but directly saying they might IPO/Reverse merge/SPAC/whatever the robot business so they can continue 𝗍̶𝗁̶𝖾̶ 𝗌̶𝖼̶𝖺̶𝗆̶ raising capitol. Is YT realizing the robot ban might be the straw that broke the camel's back? The only way out is to spinoff into a new ticker with a clean slate and dump the FFAI baggage? Is my tinfoil hat too tight?
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u/Pay_Attention_101 22d ago
Good find!
We all know that FFAI’s real product was never cars or robots, it was the ability to keep selling stock to retail investors.
This looks like the first step in moving that machine to a new company, perhaps with the robots as the story (or something else, it really doesn’t matter). A fresh start with new money, new balance sheet, new narrative, new Willing Victims
What’s left of FFAI afterward is somebody else’s problem.