
Faraday Future CEO bets $30M on crypto while losing $48M - here's why
Key Points
- Faraday Future's Q2 2025 earnings showed a net loss of $48.1...
Faraday Future just proved that losing money in one market isn't enough - why not try two? The EV startup's Q2 2025 earnings dropped on Tuesday, and their stock promptly fell 7%, erasing a week's worth of gains faster than you can say "diversification strategy."
The company posted a net loss of $48.1 million, which management cheerfully spun as an improvement over last year. It's like celebrating that you only burned through half your savings account this time - technically progress, but your wallet still feels lighter.
When BlackRock Comes Knocking
Here's where things get interesting. ...
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