Gate News: On March 23, the U.S. Securities and Exchange Commission (SEC) officially concluded its investigation, and no enforcement or other actions will be taken against Faraday Future or related personnel. Jia Yueting stated, “We can now fully dedicate ourselves to strategic execution. Over the past five years, we had to invest a significant amount of time, effort, and funds to cooperate with the investigation. Now, I, the management team, and the company’s funds and resources will be 100% focused on executing our strategy, advancing our business, and creating value in our core areas of intelligent vehicles (EAI Vehicles) and embodied artificial intelligence (EAI) robots.” Previously, the SEC’s investigation involved certain matters related to Faraday Future’s 2021 PIPE and SPAC transactions, and the company and some executives received Wells notices.
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