Why Is Faraday Future Intelligent Electric Trading Higher On Monday? - Faraday Future (NASDAQ:FFIE)

Why Is Faraday Future Intelligent Electric Trading Higher On Monday? – Faraday Future (NASDAQ:FFIE)

Faraday Future Intelligent Electric Inc. FFIE shares are trading higher premarket on Monday. On Sunday, the company disclosed securing around $30 million in cash financing commitments. The financing comprises $7.5 million pre-funded in the fourth quarter of 2024 and $22.5 million in new cash commitments structured as unsecured convertible notes and warrants. The Convertible Notes…

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Tesla A Tale Of 2 Regions, Rivian Unleashes More Powerful R1 Variants, Nio Aims Sales Surge With Low-End Model And More: Biggest EV Stories Of The Week - KraneShares Electric Vehicles and Future Mobility Index ETF (ARCA:KARS)

Tesla A Tale Of 2 Regions, Rivian Unleashes More Powerful R1 Variants, Nio Aims Sales Surge With Low-End Model And More: Biggest EV Stories Of The Week – KraneShares Electric Vehicles and Future Mobility Index ETF (ARCA:KARS)

Electric vehicle stocks finished the week ended Sept. 20 on a mixed note despite the positive performance by the broader market. Tesla, Inc. TSLA rose to its highest level since late July amid some positive catalysts. Here’s a rundown on what happened in the EV space during the week: Tesla China, Europe Sales: China weekly…

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