US Stock Market Move | Faraday Future Intelligent Electric, Inc. (FFAI.US) rose more than 3% and released the design of the front face of its first model, FX.

On Wednesday, Faraday Future Intelligent Electric, Inc. (FFAI.US) rose over 3% to $1.17. In terms of news, on April 2, Faraday Future Intelligent Electric, Inc. officially released a preview of the front-end design of its first Faraday X (FX) car model. The goal of this model is to have the first car roll off the production line by the end of 2025 and start generating revenue. According to Faraday Future Intelligent Electric, Inc., the FX will start accepting paid reservations and plans to hold its first product launch event in June of this year. The FX brand, as an important part of the company's overall strategy, will focus on the mass market and launch a new product series.