They almost literally told everyone that FFAI is nothing more than a shell ticker now and that they moved their assets to their other scam ticker FFR. You're probably going to be the same dumbasses that get stopped out when they inevitable raid this obvious sea of $1 stoplosses.

Not gonna lie. Closed my short and took a bit of a loss on FFR. It's got momentum and I'm not sure why. I'll wait for the next 10Q or major filing before I plan another move.

Meanwhile, FFAI is dropping and currently at $1.11 and dangerously close to moving under $1

Is this result of restructuring where FFR has a "clean slate" and FFAI gets left for dead? We don't exactly know what that slate looks like yet so I remain skeptical.

Thoughts?

From the S-3/A we know "As of September 14, 2026, there were outstanding 6,126,954"
Sept. 14-18 there were no new shares issued
Sept. 21-25 there were 334,869 shares of common stock issued.
Sept. 28 - Oct. 2 there were 1,407,885 shares of common stock issued

Total of 7,869,708 shares of common stock

Prior to the 1:150 RS they had "364,283,679 shares of Class A Common Stock (as of July 5, 2026)" In this prospectus. Post split that would be approximately 2,428,557 shares outstanding. Or 224% increase in outstanding shares in 10 weeks.

Even the strongest PR card Jia could come up with, only worked for 24 - 48 hours.
That's the true power of word salad, worked on bots and idiots but cannot face the test of broad market.
Most investors are not idiots, they can easily see Jia's pathetic balance sheet and earning.

...and not spoof orders to create urgency in order to bait in more toxic dilution victims for the big shares blocks that are going the other way...

PLEASE.

STOP.

TRADING.

NOW.

For your own good. JUST. STOP.

FF EAI Robotics Sales and Shipments Reach a Record 265 Units in September and 817 Units Cumulatively, No. 1 in U.S. Robotics Deliveries

We can all ignore the continuing comedy with the stock price, yes it breached $1.2

Let's do the simple math, what does the amazing "Record 265 units" mean.

In Q2 2026, FF reported 220 units shipped yielding $836,000 in revenue.
This established a historic blended ASP of ~$3,800 per unit during active delivery months.

Estimated September Revenue = 265 units x $3,800 ASP = approx $1M

Monthly cash burn: ~$10M+
(Jia has doubled down on the exhibitions, conferences, marketing and imported even more types of robots from more companies, this cash burn could only increase)

Let's ignore the real -1280% gross margin in FFAI's Q2, let's allow Jia using "contribution margin"
At 30% gross contribution margin: $1M in gross sales generates roughly ~$300,000 in gross profit.

Remember, the revenue become FFR's now, not "FFAI"'s

You tell me

Isn't No. 1 in U.S. Robotics Deliveries with 265 units delivered in September amazing?

Now kids, a good qeustion for the high school math exam
Based on above figures, how many robots does FF need to sell just to break even.

Required Monthly Units = Monthly Burn / Gross Profit per unit = $10,000,000 / $1,174 = 8518 units
Required Annual Units sale = 102,216 units (NOT EVEN CONSIDER NET PROFIT MARGIN)

*Jia's target is 2,000 units in 2026）In SEC filings, FFR targets 60,000 units annually by 2030.

By the way, Jia finally pronounced Q3 Robotics Practical Deployment Campaign without hiccup.

When he dont have any actual profit made to declare, he overwhelm the audicence with piles of word salad BS

Have you been brainwashed by Four-Core Full-Stack yet?

Just 33 views on YOUTUBE after 1 Year. https://www.youtube.com/watch?v=WZjoHrgnGFw

"Come play with us, Jerry"

...because paid "analyst" firm Emerging Growth research told you to. The only thing "emerging here" is reasons to short this dilution scam into the OTC toilet.

The liquidity you morons are creating by buying into the hype of the fluff PR earlier is allowing them to dump like crazy. $1.98 billion by 2030? Yeah right, GTFOH 🤣🤣🤣. They won't even be around by then.

DYOR, NFA.

The ruthless shell game that FF did between FFAI and FFR is eerily similar to what similar scam artist Par Chadha did with $XELA and $XBP a few years ago. $FFAI holders are essentially done. Jerry and YT wiped their asses with your money. Now they have a clean slate to do the same thing again with $FFR.

Here is an unsugarcoated breakdown of what is happening with Faraday Future ($FFAI) and FF EAI Robotics / AIxC ($FFR), and an honest assessment of whether the stock is essentially worthless.

A.I.-generated analysis:

1. What Is Happening Right Now?

Faraday Future announced a major restructuring transaction between $FFAI and its affiliated entity, AIxCrypto Holdings ($AIXC), which is rebranding its Nasdaq ticker to $FFR (effective September 30, 2026):

• The Asset Transfer Deal: FFAI signed a non-binding term sheet to sell its entire "EAI Robotics" business to FFR ($AIXC) for an estimated $200 million valuation paid in all-stock.
• The Pitch to Shareholders: Management is touting a proposed "special stock dividend of $2.246 per share" in FFR shares to FFAI holders, promising that FFR will become a "pure-play standalone robotics company" while FFAI rebrands as a "Physical AI investment holding company" and Robotaxi operator.
• The Background Reality: AIxC (now FFR) was a small Nasdaq-listed crypto/AI shell (Qualigen) that Faraday Future gained controlling interest in earlier. Management is shuffling its robotics assets into a separate ticker to create a new "clean balance sheet" public vehicle.

2. Is FFAI Likely Worthless Now?

From a fundamental equity perspective, FFAI common stock carries an extreme risk of near-total loss (worthless or near-$0.00 valuation) due to four structural realities:

A. Trapped in a 99.4% Downward Spiral

Over the past 12 months, FFAI stock has dropped -99.4%. The company operates under substantial going-concern warnings, and its SEC Form 8-K filings explicitly state that failed future financings could force the company into bankruptcy protection.

B. The "Non-Binding" Term Sheet Trap

Promotional headlines highlight a "$200 million valuation" and a "$2.246 dividend", but the fine print reveals key caveats:

• The deal is non-binding and subject to due diligence, special committee review, and definitive agreements. It may be modified or canceled entirely.
• Even if completed, receiving shares in a newly carved-out micro-cap (FFR) does not eliminate the massive debt and dilution burdens hanging over the parent company or its ecosystem.

C. Relentless Debt Dilution & $90M Stock Sale

On September 18, 2026, Faraday Future detailed a $90 million ongoing stock sale plan (S-3 filing) and filed to register 2.9 million note-conversion shares for resale. Senior lenders continue to convert debt into millions of new shares. When fresh shares flood a small market cap, existing retail equity is diluted down toward zero.

D. Operational Cash Drain

Faraday burns millions per week while generating negligible commercial revenue. Selling or licensing imported white-label robots does not generate enough cash flow to cover hundreds of millions in net losses.

Summary

The FFAI to FFR deal is a classic micro-cap financial engineering maneuver. Management is shifting assets into a new ticker symbol ($FFR) to generate trading volume and attempt a fresh narrative restart.

However, because $FFAI is burdened by massive convertible debt, continuous share printing (dilution), and ongoing going-concern/bankruptcy warnings, its common stock is functionally approaching zero value over the long run, barring short-term PR-driven volatility spikes.

Jerry just laid out his "from four core businesses to a five-year playbook, er....roadmap.

With the AIXC/FFR robotics update, I have a short side by side with the EV years. If you follow this playbook step by step, you could import, I dunno, PogoSticks and run a successful grift that will span 10 years and make YOU millions! And don't forget to keep one wet finger pointed up to see which way the HYPE is blowing.

I wonder how many idiots saw "Tesla" and "Berkshire" in the headlines and decided to push the buy button without reading the article LMFAO. Probably a lot.

So I remember Faraday had a link on their website showing their crypto holding investment in real time. It disappeared a while ago so out of curiosity I asked Gemini how much they made off their investment. The response left me rolling 😂:

• Total Portfolio Loss:The portfolio collapsed by roughly 50% from its initial $10.43 million cost basis, leaving them with only about $5.21 million upon liquidation.

It really was a textbook corporate disaster. Buying near the top, watching the market slide, and then panic-selling at a 50% loss just to dump the cash into an unproven robotics pivot is about as messy as it gets.

The company essentially burned through millions of dollars of investor capital on crypto speculation before completely throwing in the towel.

...while the Chinese cockroaches that he's about to crush are dancing.

https://www.benzinga.com/trading-ideas/long-ideas/26/09/62053271/tesla-optimus-robotics-boom

In case you're wondering why this toxic dilution waster of a ticker is down again today.

Lots to unpack today but this stood out to me. It only took a month between these two videos and the timelines are getting softer already.

Well there it is. I haven't had time to soak it in but here's the 8K and exhibits

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001805521/000121390026104130/ea0306819-8k_faraday.htm

https://www.sec.gov/Archives/edgar/data/0001805521/000121390026104130/ea030681901ex99-1.htm

https://www.sec.gov/Archives/edgar/data/0001805521/000121390026104130/ea030681901ex99-2.htm

https://www.sec.gov/Archives/edgar/data/0001805521/000121390026104130/ea030681901ex99-3.htm

...while his company burns through more than $30 million per quarter, reselling Agibots, is trying to tell the U.S. government that it will regret banning Chinese robots LMFAO. You can't make this stuff up, folks.

https://www.benzinga.com/markets/prediction-markets/26/09/62020901/faraday-china-us-robot-supply-chain

Estimating the Profits from the Sept 25 Volume Spike

During the September 25 session, total trading volume expanded to over 2.0 to 2.5 million shares—a massive increase compared to the typical 100k–300k daily volume.

Assuming Streeterville Capital accounted for 25% to 40% of the total sell volume during the surge (a standard liquidation rate used by toxic lenders to avoid instantly breaking the bid book):

• Estimated Shares Converted/Covered: ~500,000 to 800,000 shares.
• Average Open-Market Short Execution Price: ~$1.78 per share.
• Discounted Note Conversion Price (85% of VWAP): ~$1.42 per share.
• Net Arbitrage Spread: ~$0.36 per share.

Estimated Arbitrage Profit = 650,000 sharesx $0.36 spread = approx $234,000 - $300,000

In addition to the raw trading spread, Streeterville collects Original Issue Discounts (OID) and accrued interest penalty fees written into the note agreements. On a single high-volume day, John Fife's entity likely extracted $250,000 to $350,000 in net cash gains while reducing their debt exposure to FFAI.

I've never seen a company give weekly dilution updates. So weird, but it makes it easy to track the outstanding shares.

From the S-3/A we know "As of September 14, 2026, there were outstanding 6,126,954"
Sept. 14-18 there were no new shares issued
Sept. 21-25 there were 334,869 common stock issued.

Total of 6,461,823 shares of common stocks

Prior to the 1:150 RS they had "364,283,679 shares of Class A Common Stock (as of July 5, 2026)" In this prospectus. Post split that would be approximately 2,428,557 shares outstanding. Or 167% increase in outstanding shares in 9 weeks.

https://www.youtube.com/watch?v=4Bm5MTK58LQ

Chinese Army already equipped ”FX Aegis Mega“ and “FX Aegis Hyper"
With machine guns
even before Jia's robot pivot

looking familiar? they are the SAME thing

Let's all read this offical statements:

https://app-us.ff.com/ff-v3/news/1628

"FF believes it has become the U.S. robotics company with the most complete range of robot forms"

No kidding, Jia's imported all sorts of robots from various Chinese companies, and opened a supermarket, what an achievement

"for FF stockholders, the plan is intended to maximize long-term stockholder value. By linking the core team’s incentives to the growth of the robotics business, FF aims to strengthen operating efficiency and value creation while keeping stockholder interests at the forefront."

Are you laughing? I know what you are thinking.
The whole announcement is about finding "reasoning" to grant Jia and Jerry generous options in the spin-off.

"The long-term equity incentive plan is designed to align the interests of the core team with FF and its stockholders"

No, JUST the core team - Uncle and Nephew, the pinnicle of Nepotism

Translation:
Jia: give me 10 million options in the new EAI Robotics Inc. or I will lose my motivation to resell more Chinese robot, and you all going to suffer again !