Jia Yueting's Stock Bet Signals Faith in Faraday Future's Dual-Flywheel Vision

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) announced on September 3, 2025, that Jia Yueting, its founder and global co-CEO, has made a second stock purchase under a Rule 10b5-1 trading plan. Jia acquired approximately $180,000 worth of FF common stock on September 2, 2025, as part of a broader effort to reinvest his after-tax portion of a $1.2 million signing bonus. This move follows his initial purchase and is intended to continue through the end of the month [2]. Jia emphasized that his decision reflects strong confidence in the company’s long-term strategy and the potential for value creation for shareholders [2].

The company reiterated its commitment to transparency and shareholder engagement ahead of the upcoming Special Meeting of Stockholders on September 19, 2025. During the meeting, several key proposals will be put to a vote, including an increase in the number of authorized shares, a name change, and the approval of share issuances to holders of convertible notes and warrants [2]. The company is also seeking shareholder approval for amendments to its 2021 Stock Incentive Plan, which would expand the equity incentive reserve by adding 9.5 million shares. This would increase the total shares reserved for incentives to nearly 7% of the company’s current authorized shares, supporting the attraction and retention of top talent [2].

Jia’s recent stock purchases align with a broader trend of shareholder alignment and strategic reinforcement. His commitment to reinvesting in the company signals confidence in the execution of FF’s Dual-Flywheel & Dual-Bridge Strategy, which aims to drive transformative growth through its electric vehicle and crypto initiatives [2]. The company continues to prioritize long-term value creation and the execution of its dual flywheel strategy, which has been a central theme in its recent shareholder communications.

In parallel, Faraday Future is preparing for its 919 Futurist Day & Shareholders’ Day on the same date. The event, scheduled for September 19, 2025, will include key updates on the FX Super One model, the Middle East launch plans, and strategic partnerships. Additionally, it will feature announcements related to the FF EAI Ecosystem Vehicle Chain and the C10 & Crypto strategic business plan [1]. The event underscores the company’s focus on engaging with shareholders and providing a transparent view of its progress and future roadmap.

Faraday Future reiterated its mission to disrupt the automotive industry through innovative, user-centric electric mobility solutions. The company continues to focus on scaling its FX strategy, which aims to introduce mass-market electric vehicles with luxury technology at more accessible price points. The upcoming shareholder meeting and 919 Futurist Day represent key milestones in FF’s efforts to build momentum and deliver on its strategic goals [1].

Source:

[1] Faraday Future Announces its Annual 919 Futurist Day & Shareholders’ Day (https://investors.ff.com/news-releases/news-release-details/faraday-future-announces-its-annual-919-futurist-day)

[2] Faraday Future Founder and Co-CEO YT Jia Makes Second Stock Purchase (https://investors.ff.com/news-releases/news-release-details/faraday-future-founder-and-co-ceo-yt-jia-makes-second-stock)