Skip to Content Facebook Feature Image

Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Renewed Nasdaq Compliance, “Built in USA” Upgrades Including the Launch of Universal Beyond-Line-of-Sight Teleoperation and Multi-Robot Control Platform

Business

Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Renewed Nasdaq Compliance, “Built in USA” Upgrades Including the Launch of Universal Beyond-Line-of-Sight Teleoperation and Multi-Robot Control Platform
Business

Business

Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Renewed Nasdaq Compliance, “Built in USA” Upgrades Including the Launch of Universal Beyond-Line-of-Sight Teleoperation and Multi-Robot Control Platform

2026-08-10 07:02 Last Updated At:07:10

LOS ANGELES--(BUSINESS WIRE)--Aug 9, 2026--

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today shared a weekly business update from YT Jia, Founder and Global CEO of FF.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260809948167/en/

“Hello, everyone. Welcome to Issue 67 of our Weekly Report. Here are this week’s key highlights:

First, let me share some good news on our listing compliance. On August 7, U.S. time, FF officially received notice from Nasdaq that the Company has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2), and the related compliance matter has now been formally closed. This marks an important step forward in the Company’s listing compliance efforts, as well as a milestone in our recent capital markets initiatives. It further strengthens FF’s foundation for continued development in the U.S. capital markets, supports our efforts to bring in strategic investors, and will help accelerate the next phase of our capital strategy, business growth, and the rebuilding of stockholder value.

At the same time, we fully recognize the challenges that fluctuations in the Company’s stock price have posed to stockholder value throughout this process. Protecting stockholder interests and long-term value has always been one of our highest priorities. Regaining Nasdaq compliance is not the finish line, but a new starting point. Building on the sub-campaign launched last week as part of our capital market transformation, we will continue to optimize our capital structure and advance broader capital strategy reforms. Through continued improvements in our fundamentals, a stronger capital structure, and the creation of long-term value, we aim to restore the Company’s value in the capital markets step by step.

Next, let me share two technological breakthroughs from FF EAI Robotics. The first is the launch of Version 1.0 of FF’s self-developed Universal Beyond-Line-of-Sight (BLOS) Teleoperation and Multi-Robot Control Platform, which is now ready for deployment. To address a key industry challenge—standalone robot applications are not yet fully mature, while complex tasks still require human-robot collaboration—the platform has achieved breakthroughs in two core capabilities: BLOS teleoperation and heterogeneous multi-robot control.

BLOS teleoperation enables operators to remotely control robots in complex environments such as factories, allowing robots to perform tasks that are dangerous, difficult, or otherwise unsuitable for direct human involvement. Over time, the system will progressively evolve toward fully autonomous operation, continuously reducing the need for human intervention. Heterogeneous multi-robot control supports robots across different form factors, enabling unified scheduling, coordination, and control across multiple robots, form factors, and tasks. This provides a universal multi-robot control solution for industries including education, industrial applications, security, and inspection.

Following the completion of Phase One of the “Built in USA” Acceleration Program and the major progress we have made with our education ecosystem solutions, this platform represents another breakthrough for FF in industry productivity solutions. It also marks a major step forward in our “One Brain, Multiple Forms; Multiple Forms, Multiple Capabilities” technology roadmap and will create significant value across our four major industry ecosystems and their productivity solutions.

The second technological advancement is a series of practical upgrades to FF EAI Robotics’ security and inspection solutions:

These practical capabilities will also be gradually expanded into a broader range of industry applications, including logistics and sorting, industrial applications, and education.

Next, let me preview our two upcoming “Built in USA” Upstream & Downstream Partner Recruitment Conferences. The first, on August 26, will focus on downstream partners across our “Four-Core Full-Stack AI” ecosystem. It will showcase the latest achievements of our EAI education ecosystem and highlight its nationwide replication, while bringing together downstream customers and channel partners. The second, on September 28, will focus on upstream partners, bringing together industry partners across local manufacturing, core computing infrastructure, key components, certification, and regulatory compliance. It helps accelerate the buildout of an end-to-end ecosystem spanning supply chain development through commercialization and sales, while advancing the “Built in USA” Acceleration Program and the nationwide scaling of our “Four-Core Full-Stack AI” robotics ecosystem.

On the capital and financial side:

We believe and are confident that, through continued improvements in our fundamentals and the ongoing implementation of our transformation initiatives, FF’s capital value will soon return to a level that more fully reflects the Company’s underlying value. Thank you, everyone. We’ll see you next week.”

ABOUT FARADAY FUTURE

Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a Three-in-One ecosystem of “Device, Data, EAI Brain & Open-Source and Open Platform,” FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future’s official website: 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 potential future legal actions against alleged illegal market manipulation or similar improper activities, and FF’s entry into the embodied AI robotics market and robotics deliveries and development, 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: 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, which it currently lacks; the availability of sufficient share capital to meet its current obligations and execute on its strategy; the willingness of convertible debt investors to fund the Company; demand for the Company’s robotics products; the ability of B2B preorder companies to locate customers to purchase our robotics products, on which their nonbinding preorders substantially depend; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the ability of the Company to build an EAI education ecosystem that serves both the B2C consumer market and the B2B institutional education market; the acceptance by teachers and students of the Company’s robotics products in the education market; the ability of the Company to expand into additional markets for its robotics products; the Company’s reliance on a single OEM for most of its robotics products; the Company’s 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; tariff uncertainty for imported products, particularly from China; demand from automobile dealers for robotics products; 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 is substantial; the Company’s ability to secure an occupancy certificate covering all of its Hanford facility; 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 substantial 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 the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles 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-Q for the quarter ended March 31, 2026, filed with the SEC on May 14, 2026, and 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 Founder and Global CEO YT Jia Shares Weekly Investor Update: Renewed Nasdaq Compliance, “Built in USA” Upgrades including the Launch of Universal Beyond-Line-of-Sight Teleoperation and Multi-Robot Control Platform

Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Renewed Nasdaq Compliance, “Built in USA” Upgrades including the Launch of Universal Beyond-Line-of-Sight Teleoperation and Multi-Robot Control Platform

GREENSBORO, N.C. (AP) — Michael Brennan had another Sunday opportunity and delivered in a big way. He made five straight birdies to pull away from Beau Hossler and close with a 6-under 64 to win the Wyndham Championship and reach the PGA Tour's lucrative postseason.

Brennan came into the final tournament of the regular season at No. 105 in the FedEx Cup, a disappointing year with only one top 10. Now his season gets extended by at least one week — maybe longer based on how he's playing — after his second PGA Tour title in two years.

Brennan was one shot behind Hossler when he ran off five straight birdies starting on the fourth hole, all of them inside 8 feet. That turned a deficit into a three-shot lead at the turn when Hossler took a bogey on the ninth hole.

Then it was a matter of hanging on for the 24-year-old Brennan, a Virginia native who played his college golf about 30 miles away at Wake Forest.

“I don't want to be done playing golf,” Brennan said. “Unfortunately, I've had a couple of tough Sundays. Outside of that, I had been playing really solid. This is my sixth week in a row. I'm perfectly happy running on fumes next week.”

The FedEx Cup playoffs start Thursday with the FedEx St. Jude Championship at the TPC Southwind in Memphis, Tennessee. Only the top 70 players advance, and Brennan shot up to No. 47.

Jackson Koivun, who left Auburn in June and won the 3M Open in only his third start, narrowly hung on to the 70th spot and goes from college to the postseason in only two months.

But he had to sweat it out after closing with a 71. Matt Wallace and Davis Thompson were still on the course and in range of finishing high enough to bump Koivun out of the top 70. But they failed to hole all the key putts, and Koivun made it with eight points to spare.

A bogey might have been enough to knock him out of the postseason. But on the 18th hole at Sedgefield Country Club, Koivun piped his drive straight down the middle, leaving a wedge from the fairway and an easy par. Known for his composure, he was emotionally invested in every outcome down the stretch, a rare sight from the last two months.

“It's just it’s a different type of nerves when you know you don’t have your stuff and you've got to go out there and execute some shots,” Koivun said. “I think that kind of sparked some emotion in me. Yeah, it’s easier to get comfortable when you’re playing well. It was just kind of a different feeling for me today.”

Brennan started feeling the nerves, too. He was four shots behind in a tie for fourth going into the final round of the 3M Open and shot 74 to finish out of the top 20. Last week at the Rocket Classic, he was in the final group and one shot out of the lead when he went the wrong direction again, closing with a 73 to tie for 15th.

He delivered in the final event of the regular season, and it was his mother who came onto the 18th green to celebrate who reminded Brennan the victory also sends him to the Masters. He made his Masters debut this year going from the PGA Tour Americas straight to the big leagues when he won the Bank of Utah Championship last fall.

Brennan made birdie on the final hole to finish at 22-under 258, matching the tournament record at Sedgefield shot three other times, most recently last year by Wake Forest grad Cameron Young.

Ben James, the No. 1 player from the PGA Tour University ranking who has a card already secure for 2027, fell out of contention on Saturday but roared back with a 61 to finish third.

Brennan was the only player to move into the top 70, replacing Steven Fisk, who was at No. 69 but missed the cut at the Wyndham Champion and fell to No. 71.

Also failing to advance to the postseason was Brooks Koepka, the first player to rejoin the PGA Tour after being at LIV Golf. Koepka needed a fourth-place finish and was saddled again by poor putting that led to a tie for 67th. The five-time major champion had only one top 10 this year.

“It's just all on the greens. I don't know what they deal is, got zero confidence,” Koepka said. “There's going to be a lot of changes here soon.

“I think it’s pretty pathetic that I can’t get through (to the postseason),” he said. “To be in the prime of your career and be as good as I think I am, I think that’s very pathetic, disappointing. Just need to go home and completely reevaluate everything."

AP golf: https://apnews.com/hub/golf

Tom Kim, of South Korea, reacts to a missed putt on the ninth hole during the final round of the Wyndham Championship golf tournament in Greensboro, N.C., Sunday, Aug. 9, 2026. (AP Photo/Chuck Burton)

Tom Kim, of South Korea, reacts to a missed putt on the ninth hole during the final round of the Wyndham Championship golf tournament in Greensboro, N.C., Sunday, Aug. 9, 2026. (AP Photo/Chuck Burton)

Beau Hossler hits from a sand trap on the ninth hole during the final round of the Wyndham Championship golf tournament in Greensboro, N.C., Sunday, Aug. 9, 2026. (AP Photo/Chuck Burton)

Beau Hossler hits from a sand trap on the ninth hole during the final round of the Wyndham Championship golf tournament in Greensboro, N.C., Sunday, Aug. 9, 2026. (AP Photo/Chuck Burton)

Michael Brennan watches his tee shot on the second hole during the final round of the Wyndham Championship golf tournament in Greensboro, N.C., Sunday, Aug. 9, 2026. (AP Photo/Chuck Burton)

Michael Brennan watches his tee shot on the second hole during the final round of the Wyndham Championship golf tournament in Greensboro, N.C., Sunday, Aug. 9, 2026. (AP Photo/Chuck Burton)

Michael Brennan reacts after winning the Wyndham Championship golf tournament in Greensboro, N.C., Sunday, Aug. 9, 2026. (AP Photo/Chuck Burton)

Michael Brennan reacts after winning the Wyndham Championship golf tournament in Greensboro, N.C., Sunday, Aug. 9, 2026. (AP Photo/Chuck Burton)

Michael Brennan reacts after winning the Wyndham Championship golf tournament in Greensboro, N.C., Sunday, Aug. 9, 2026. (AP Photo/Chuck Burton)

Michael Brennan reacts after winning the Wyndham Championship golf tournament in Greensboro, N.C., Sunday, Aug. 9, 2026. (AP Photo/Chuck Burton)

Recommended Articles