Two cars sold in three months, a setback for Faraday!
This page is translated from the original post "Deux voitures vendues en trois mois, court-circuit pour Faraday !" in French.
- 14/05/2025 15:38
Faraday Future has been navigating troubled waters for two years now, and its first quarter of 2025 only confirms this trend.
For Faraday, the situation is simple since quarterly sales can be counted on one hand. And there’s still no need to use all fingers! In the first quarter of 2025, the manufacturer delivered… drumroll… two cars. Yes, two, like one plus one. This is even less than the first quarter of 2023, which ended with… four sales! And despite this mathematical feat, the company still talks about expanding its customer base, entering new markets, and opening a lavish showroom in New York. Ambitious? No, just completely disconnected from reality.
In terms of numbers, Faraday Future generated barely $300,000 in revenue for the quarter, which is not even enough to cover its financial sinkhole: an operational loss of $43.8 million. And if that weren’t enough, the so-called “pre-orders” for their Super One van look very pale: out of 1,300 announced, only three are actually firm.
Faraday in Denial
Yet, Faraday Future continues to dream big. The brand plans a new range called “FX,” with models from the FX 6 crossover to the Super One van, not to mention a small city car FX 5 accessible between $20,000 and $30,000. On paper, it sounds enticing. In reality, with two deliveries in three months, it looks more like a mirage than a solid plan.
Nevertheless, Faraday is holding on. With a non-refundable deposit of $30,000 for each van ordered here and some optimistic announcements, they hope to turn things around. But the road seems long for Faraday Future to become a credible player in the automotive market. A sad situation that unfortunately echoes that of the late Fisker.
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