Faraday Future Successfully Concludes New York Investor Lunch, Presenting Strategic Updates and EAI EV and Robotics Product Showcases

LOS ANGELES--(BUSINESS WIRE)--Apr 29, 2026--

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) ("Faraday Future", "FF" or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced the successful hosting of an exclusive investor and institutional lunch held in New York City on April 29, 2026. The event, led by Global President, Jerry Wang, brought together approx. 30 key stakeholders from the technology, mobility, and EV sectors to discuss the Company’s next phase of commercial execution and its dual-track strategy spanning EAI EV and EAI Robotics, as well as its long-term “Device–Data–Brain” flywheel.

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During the session, the Company discussed its previously announced go-to-market priorities, specifically focusing on the development and market positioning of the FX brand. The discussion also highlighted Faraday Future’s previously announced progress within the Embodied AI (EAI) and robotics segment, including initial deliveries, paid pre-order activity and positive product gross margin achievements. Attendees were given a firsthand look at FF’s latest products, including FF 91 and FX Super One, FF Master and FX Aegis, showcasing the hardware and software integration that defines the Company’s differentiated roadmap across its intelligent mobility ecosystem.

“Hosting this lunch in New York City provided a valuable opportunity to discuss the tangible momentum we are building across both the EV and robotics industries,” said Jerry Wang. “Our discussion focused on how FF is transitioning from vision to commercial execution. By showcasing our products and sharing our strategy for the FX brand and EAI initiatives, we continued to strengthen our engagement with investors as we pursue our next stage of market expansion.”

The event underscored Faraday Future’s continued commitment to transparent communication and constructive investor engagement. By presenting its multi-platform growth strategy in a focused, small-group setting, the Company remains dedicated to advancing its intelligent mobility, robotics and Embodied AI initiatives.

ABOUT FARADAY FUTURE

Faraday Future is a California-based global intelligent Company founded in 2014 and is dedicated to reshaping the future of mobility through vehicle electrification, intelligent technologies, and AI innovation. Its flagship vehicle, the FF 91, began deliveries in 2023 and reflects the brand’s pursuit of ultra-luxury, cutting-edge technology, and high performance. FF’s second brand, FX, targets the high-volume mainstream vehicle market. Its first model, Super One, is positioned as a first-class EAI-MPV, with deliveries planned to begin in 2026. FF recently announced its entry into the Embodied AI Robotics business with sales beginning this year, connecting its future strategy of bringing a new era of EAI vehicles and EAI robotics. For more information, please visit https://www.ff.com/.

FORWARD LOOKING STATEMENTS

This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “plan to,” “can,” “will,” “should,” “future,” “potential,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding FF’s entry into the embodied AI robotics market and future deliveries, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.

Important factors, that may affect actual results or outcomes include, among others: demand for our robotics products; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; our reliance on a single OEM for most of our robotics products; our ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; the ability of the Company to adequately insure its robotics products; tariff uncertainty for imported products, particularly from China; the ability of the U.S. Department of Commerce to review, condition, or prohibit robotics‑related transactions with a China OEM; demand from automobile dealers for robotics products; the Company’s ability to maintain its listing on Nasdaq; the Company’s ability to timely regain compliance with Nasdaq’s minimum bid requirement; the possibility of the Company’s common stock being suspended from trading on Nasdaq if it’s closing price is $0.10 or less for 10 consecutive trading days; the availability of sufficient share capital to execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the Company's ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the FX strategy, which will be substantial; the Company’s ability to secure an occupancy certificate for its Hanford facility; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and robots and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and robots and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K filed with the SEC on March 31, 2025; Form 10-Qs for the quarters ended June 30, 2025 and September 30, 2025 filed with the SEC on May 9, 2025, August 19, 2025 and November 21, 2025, respectively; the Company’s Form 10-K filed with the SEC on March 31, 2026; and other documents filed by the Company from time to time with the SEC.

Faraday Future Successfully Concludes New York Investor Lunch, Presenting Strategic Updates and EAI EV and Robotics Product Showcases - Jerry Wang, Global President of FF is seen here with the FX Super One MPV.

Faraday Future Successfully Concludes New York Investor Lunch, Presenting Strategic Updates and EAI EV and Robotics Product Showcases

LOS ANGELES (AP) — Prosecutors said Wednesday that singer D4vd killed 14-year-old Celeste Rivas Hernandez by stabbing her multiple times then dismembered her body using chain saws in his garage.

The Los Angeles County District Attorney’s Office shared what they said the evidence in the case would show in a court filing that provided the first detailed allegations of the killing and efforts to cut apart Rivas Hernandez's body and get rid of evidence.

The court filing said D4vd, whose legal name is David Burke, met Rivas Hernandez when she was 11, began sexually abusing her when she was 13 and he was 18, and killed her when she threatened to reveal their inappropriate relationship.

“Knowing he had to silence the victim before she ruined his music career as she had threatened, very soon after her arrival at his home, defendant stabbed the victim to death multiple times and stood by while she bled out,” the filing said.

Burke has pleaded not guilty to first-degree murder and other counts. His lawyers have said he is innocent and did not cause Rivas Hernandez’s death.

Her body was found decomposing in a Tesla towed from the Hollywood Hills in September of last year.

Prosecutors said they had obtained text messages that showed their sexual relationship, including child sexual abuse images of her on his phone.

“The messages reveal the victim’s jealousy over defendant’s relationships with other women, as defendant led her to believe they had a future together,” the document says. “She became extremely upset and threatened to disclose damaging information about her relationship with defendant to end his career and destroy his life.”

The filing said he sent a rideshare car to pick her up on the night of April 23, 2025, from her hometown of Lake Elsinore some 80 miles (129 km) outside of Los Angeles. The two exchanged messages until she arrived at his Hollywood home, after which her phone went silent permanently.

They allege he sent her a late-night message asking where she was in an attempt to cover up the killing.

The court filing is intended to outline the evidence that prosecutors plan to present at a preliminary evidentiary hearing beginning May 26, when a judge will determine whether there is probable cause to go to trial. The defense has not publicly provided its version of events.

The document says Burke bought two chain saws online used them to cut apart her body in an inflatable pool in his garage, where the girl's DNA was later found.

“Defendant took horrifying measures to destroy and discard the victim’s body,” prosecutors said in the brief.

Burke drove to Lake Cachuma in Santa Barbara County about 110 miles (177 kilometers) northwest of his home to get rid of evidence three times, the document alleges. Her passport was found there in January.

On April 24, the day after her death, he gave a radio interview and had a record-release party promoting his debut full-length album, “Withered,” which was released the following day, prosecutors said in the filing.

Prosecutors allege he kept her body in his Tesla, and lied to friends and business associates who asked about the smell.

The body of Rivas Hernandez had so degraded that examiners couldn’t even determine her eye color. She had braces at the time of her death, and a tattoo that read “Shhh ....” on the inside of a finger as well as his name, according to the report. Two fingers were missing — as were parts of her arms and legs.

Prosecutors had not previously described how they believed Rivas Hernandez was killed or given details on their relationship. An autopsy report said she was killed by penetrating wounds.

Prosecutors said the parents of Rivas Hernandez reported her missing from her home in Lake Elsinore in February 2024. After the February report, Riverside County Sheriff’s detectives contacted Burke, but he told them he had only met her once and did not know she was a minor.

After she returned home that February, her parents took away her cellphone but Burke drove to her hometown and paid a friend of Rivas Hernandez $1,000 to give her a phone so they could communicate.

She was reported missing again in April 2024. The document said that year, she spent much of her time at Burke’s home in the Hollywood Hills and traveled with him to Las Vegas, London, and Texas to meet his family.

The defense attorneys asked Superior Court Judge Charlaine F. Olmedo at a hearing Wednesday to seal the document, but she declined. They had no comment outside court.

Burke was arrested on April 16 and pleaded to first-degree murder, lewd and lascivious acts with a person under 14 and mutilating a dead body. He is eligible for the death penalty, but prosecutors said they have not decided whether to seek it.

The singer began making music for YouTube videos he created of the video game Fortnite when he was a teenager.

The songs he wrote and recorded on his phone were a blend of indie rock, R&B and lo-fi pop. The music made him a phenomenon on TikTok, Instagram, Soundcloud and Spotify, where his top songs, including his 2022 breakthrough “Romantic Homicide,” have more than a billion plays. In 2023, he released two EPs and opened for SZA on tour.

He performed at last year's Coachella music festival just a few weeks before prosecutors said Rivas Hernandez was killed and his album was released. He was on tour promoting it in September when the body was discovered and his name became publicly attached to the case. It would be seven months before he was arrested.

FILE - American singer-songwriter, David Anthony Burke, aka D4vd, performs on the Casino stage during the 58th Montreux Jazz Festival (MJF), in Montreux, Switzerland, July 19, 2024. (Cyril Zingaro/Keystone via AP, File)

Singer-songwriter, David Burke aka D4vd sits in artist space at Coachella music festival on April 18, 2025 in Indio, Calif. (AP Photo)

FILE - A makeshift Memorial for Celeste Rivas Hernandez, who was killed and found inside a vehicle owned by singer D4vd, is placed outside her home in Lake Elsinore, Calif., on April 21, 2026. (AP Photo/Damian Dovarganes, file)

In this courtroom sketch, David Anthony Burke, whose stage name is D4vd, is seen in court Thursday, April 23, 2026, in Los Angeles on charges of killing a 14-year-old girl whose dismembered body was found in his car. (Bill Robles via AP)