Faraday Future Q2 adjusted operating loss narrows to $27.4M; cash at 18-month high; FX pre-orders top 10k

FARADAY FUTURE INTELLIGENT ELECTRIC INC.

Net loss from operations $48.1M, improved from $50.6M in Q2 2024; total op expenses down 29% to $21.3M.
Adjusted operating loss ~$27.4M; quarter-end cash at 18-month high; operating efficiency improved.
Secured ~$105M in new financing commitments; plans to invest ~$100M in US ops over 9-12 months.
Non-binding paid pre-orders for FX Super One exceeded 4,000 in Q2, >10,000 as of July 31; trial production started.
Added to Russell 3000; Vanguard and BlackRock increased holdings >500% vs Q4 2024; YT Jia rejoined as Co-CEO.

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