On February 26th, Faraday Future's global CEO Matthias released an open letter summarizing the results for 2023 and sharing the company's latest overall plan version 1.1 with the outside world, providing a detailed explanation of the 2024 development goals.
In the open letter, Matthias, the global CEO of Faraday Future, shared with the outside world the current status of FF and its development goals for 2024. Matthias stated that in the past year, Faraday has made significant progress in the future despite limited funds and facing severe market headwinds, including the constantly changing landscape of the electric vehicle industry.
In the past 2023, Faraday Future has entered the stage of delivering revenue, forming a closed loop of user acquisition, delivery, and user operation. More and more American industry leaders have become the first batch of co founders of Faraday Future car owners and developers; The company's business fundamentals have changed, and the new management team is lean and practical. Faraday Future believes that this is a critical period for the company's business growth and also a good opportunity for the company's next stage of development.
In an open letter, Matthias, the global CEO of Faraday Future, stated that the company's main next step is to simultaneously focus on four areas. In terms of financing and finance, continue and accelerate the current plan to attract strategic investors. Optimize and upgrade the company's financial system in three regions, improve financial efficiency, establish healthy and sustainable cash flow management, and achieve positive cash flow as soon as possible.