Three days after the boom, Jia Yueting was beaten back to his original shape? Is FF91 really getting cold?

A few days ago, with the US saying that it would increase tariffs on Chinese electric vehicles to 100%, Jia Yueting seemed to have waited for his own fortune.

In the future, FF Faraday has increased for three consecutive days, 367% on the first day, 147% on the second day, and 134% on the third day. These three days are equivalent to nearly 30 times of the increase, and the market value has changed from less than $2 million to more than $70 million (about 500 million yuan).

In the future, the stock price of FF Faraday has been lower than 0.1 US dollars for a long time, and has been warned by NASDAQ workers to delist. If this wave of surge is met, the delisting risk will be removed.

So many people said that Jia Yueting might come back to life. First, the capital is optimistic about the future of FF Faraday. Second, the United States has imposed tariffs on Chinese electric vehicles. FF Faraday is the only Chinese electric vehicle brand that is not affected, and also the only Chinese stock that is not affected.

In addition, Jia Yueting said before that he would like to serve as a bridge for Chinese electric vehicles to enter the United States, so under such external circumstances, maybe FF Faraday will turn over.

However, after three days of happiness, it seems that Jia Yueting has been beaten back to his original shape. On the fourth day, FF Faraday fell by 38%, and the market value was only about $44 million.

Many people believe that FF Faraday will continue to fall, perhaps falling to the previous market value of less than $2 million, because the current situation of FF cannot support future development.

First, only 11 FF91 vehicles have been delivered, and one is Jia Yueting's own, which has also been recalled. In addition, FF has no cash on its account at present, but it is in debt. It can't even pay the rent. The factory has also been sold. Jia Yueting's credit has gone bankrupt. No one will be willing to pay him any more and let him continue to build cars.

As for the fluctuation in the past few days, it was just the original investors who took the opportunity to hype, then shipped at a high level and harvested a wave of leeks. Now that the hype is over, it is not impossible to continue to fall as much as possible until delisting.

Next, let's see what the result of Jia Yueting's so-called personal IP commercialization will be. If money is not available to build cars, Jia Yueting will finally have to cool down after 10 years of building cars.

Once FF Faraday was cool, Jia Yueting's creditors had the biggest losses. The debt of about $3 billion that year was exchanged for about 17% of the shares of FF Faraday. Once cleared, they would lose their money.