Faraday Future (FF), a subsidiary of Jia Yueting, announced its third quarter financial report on the 14th. It generated revenue for the first time, with sales costs of $16.1 million and an operating loss of $66.4 million, compared to a loss of $80 million in the same period last year. FF stated that the narrowing of operating losses is mainly due to a decrease in research and development expenses, followed by an improvement in management expenses. Currently, FF has delivered 7 FF 91 vehicles to new users. According to the plan, FF's goal for next year is to achieve production of approximately 1000 cars, provided that it can obtain the required capital, supply chain capacity and stability, and obtain necessary permits.