Faraday Future Co-CEO YT Jia Launches Weekly Investor Update, Outlines Strategic Roadmap and Company Reform Initiatives
Faraday Future Intelligent Electric Inc. a California-based company committed to building a global intelligent electric mobility ecosystem, has launched a new initiative aimed at improving transparency and stakeholder engagement. YT Jia, the company’s Founder and recently appointed Co-CEO, issued the first installment of a new communication series—The Co-CEO Weekly Investor Update—as a step toward rebuilding trust, aligning strategic priorities, and reinforcing the company’s mission.
In the inaugural message, Jia explained his rationale behind initiating the weekly update at the very start of his leadership tenure. “Why did I decide to launch this weekly update in my very first week as Co-CEO? Because I believe in putting both major and individual stockholders first—and because promises must be kept,” Jia stated.
He emphasized that relying solely on traditional communication channels such as quarterly and annual reports is no longer sufficient. In today’s fast-paced, highly scrutinized environment, real-time dialogue is vital. “My first move as Co-CEO is to establish an open and transparent mechanism for investor communication, one that adheres to all compliance requirements while enabling honest, timely feedback,” Jia noted. “This update is just the beginning.”
According to Jia, his vision is to manage Faraday Future not just as a company but as a dynamic, evolving product. “I’m not only the chief product officer for our vehicles and technology—I’m also the chief product officer for the entire organization. We intend to operate as a product-like, AI-powered company.”
The weekly updates will go beyond traditional financial metrics. Instead, Jia aims to share operational insights, management strategies, product development milestones, and internal transformation efforts—offering stakeholders a behind-the-scenes look at how Faraday Future is executing its mission week by week.
Major Milestones: Sales and Strategic Partnerships
One of the headline achievements this week was the official launch of the 10 Punch Combo Initiative, designed to accelerate progress across both the FF and FX business lines. The most notable development was progress in business-to-business (B2B) sales and partnership formation.
Following the earlier announcement of a binding pre-order for 1,000 units of the FX Super One from a New York-based dealership—including a non-refundable deposit and additional non-binding reservations—Faraday Future secured a second major B2B deal. Skyhorse, a California-based mobility solutions provider, signed a binding pre-order for 300 FX Super One vehicles, again with a non-refundable deposit and supplementary non-binding reservations. Skyhorse also joins Faraday Future as a co-creation partner, contributing to the development and market growth of the First Class AI MPV (multi-purpose vehicle) segment.
“With momentum building on both the East and West Coasts, interest from large-scale clients in sectors like ride-sharing and rentals has exceeded expectations,” Jia reported. “We believe the blue ocean markets we’re targeting—areas with low competition and high growth potential—hold immense value.”
Addressing Short Selling and Investor Protection
Jia also highlighted recent actions taken against suspected illegal short selling and online market manipulation targeting Faraday Future’s stock. The company issued a formal update on its ongoing investigations, noting a partial success: an individual and associated accounts involved in the activity issued a public apology and removed the content in question.
“We will continue to act to protect our investors’ rights. Attempts to harm FF or manipulate its stock through illegal practices will not be tolerated,” Jia declared. “We are committed to making it costly for those who seek to undermine the company’s integrity.
Internal Challenges and Cultural Reforms
Despite the recent progress, Jia was candid about the internal challenges that persist. “While this week brought positive breakthroughs, there were also goals we failed to meet,” he admitted. “At the heart of these issues are problems with our culture, organizational efficiency, and performance management systems.”
He identified three core concerns:
- Recognition Deficit – Employees who deliver strong performance sometimes go unrewarded, while errors may go unaddressed.
- Cultural Friction – Cross-cultural collaboration remains difficult and affects operational cohesion.
- Obstructionist Mindsets – A “Say No” culture persists, where employees resist new ideas rather than embrace creative problem-solving.
“These behaviors run counter to the FF culture we aspire to build,” Jia asserted. “We must drive change from within.”
Key actions underway include:
- Revamping Performance Accountability: Underperformers will face consequences, while strong contributors will be rewarded. Several senior roles have already been restructured or eliminated.
- Reinforcing Core Values: The organization is being realigned around goal-oriented, execution-focused principles.
- Solution-Driven Dialogue: Differing opinions are welcome, but only when paired with actionable solutions.
“This is where execution with all your might begins,” he said.
Strategic Roadmap Highlights
Looking ahead, Jia outlined key priorities across Faraday Future’s S0–S7 strategic framework, which encompasses everything from user ecosystem development to operational and financial systems.
S1 – User Ecosystem and Market Launch
- S1.1.1: The company is developing a co-creation-based, direct online sales model to support the upcoming launch of the FX Super One.
- S1.1.4: Outreach has begun to major U.S. ride-hailing companies to explore partnerships that can scale B2B adoption.
- S1.2.2: A comprehensive user operations platform—including after-sales services—is under development.
S2, S3, S4 – Product Development
- The FX Super One continues to advance in engineering, supply chain readiness, and testing.
- A second vehicle model has entered open-road testing in the U.S., with further details expected soon.
S5 – Financial Planning
- S5.2.1: Preparations are underway for the company’s Q1 earnings report and investor call, with updates to follow next week.
S7 – Capabilities and Systems
- S7.2: Building robust financial and operational systems remains a top priority, with progress reports to be integrated into future updates.
Personal Reflections and Commitment to Transparency
Jia closed the update with a heartfelt reflection on the emotional and professional impact of stepping back into a leadership role. He recalled reconnecting with media colleagues and supporters from his hometown—an experience that left him feeling both encouraged and accountable.
“It’s been eight years since I left home. The support I’ve received in the past week was humbling,” he said. “But I carry a deep sense of responsibility. FF has not yet succeeded, and for that, I apologize. But we are not giving up. We will succeed.”
He described the first week as Co-CEO as intense but inspiring. “There’s pressure, yes, but also a renewed sense of purpose,” he shared. “This Weekly Investor Update is my way of staying accountable—and keeping our promise to put stockholders first.”
Jia concluded with a note of optimism: “This week reminded me that when you execute with focus and determination, the results can surpass expectations. When customers respond, when partnerships form—that’s when vision becomes reality. The blue ocean is not a dream. It’s achievable through relentless effort.
