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Faraday Future rejects stock split and intensifies measures against stock market speculation
The founder of Faraday Future, Jia Yueting, has firmly rejected any reverse stock split proposals, maintaining a defensive stance regarding new issuances. The company has announced a strategic plan designed to counteract malicious short-selling practices it has experienced in the markets. These actions reflect Faraday Future’s determination to protect the value of its assets while advancing its ambitious project of integrating blockchain technology and cryptocurrencies.
Firm Stance of Jia Yueting Against Speculative Manipulation
Jia Yueting has expressed his categorical opposition to any mechanism that could dilute Faraday Future’s share value. This position is part of a broader context where the company faces pressure from speculative operators seeking to profit from market volatility. The rejection of a stock split represents a capital defense strategy and a sign of confidence in the long-term potential of the project.
Strategic Initiatives to Combat Speculative Practices
Faraday Future has announced the implementation of four key measures aimed at neutralizing illegal short selling and coordinated speculative operations. Although the specific details of each measure have not been fully disclosed, the company emphasizes its commitment to transparency and protecting the interests of its shareholders. These initiatives are part of a broader corporate governance and share value defense strategy.
Expansion of Faraday Future’s Cryptocurrency Ecosystem
Alongside these defensive measures, Jia has confirmed that the team will accelerate the revitalization of AIxCrypto (trading symbol AIXC) as the central platform for FFAI. This initiative aims to strengthen the integrated ecosystem that Faraday Future is developing in autonomous electric mobility (EAI), Web3, blockchain infrastructure, and digital asset applications. The convergence of these technologies positions Faraday Future at the intersection of transportation transformation and the digital economy.
This move reflects Faraday Future’s vision of becoming not only an electric vehicle manufacturer but an integral player within the decentralized technology and digital finance ecosystem, responding to the emerging demands of the cryptocurrency and blockchain markets.