Global Automotive Stocks/EV Focus/Event Driven, SC Capital

SC Capital

SC Capital has over 20 years' experience covering the global automotive industry both on the Sell Side (UBS & Morgan Stanley) and Buy Side (Och-Ziff), along with a wealth of industry contacts. 

Current focus is on electric vehicle stocks & their supply chains. Aim is to identify the winners and losers from a long/short perspective. This includes close coverage of legacy automakers as well.  

From time to time. we cover opportunistic events with stocks in the manufacturing sector, food & beverage, healthcare and tech, where we also have coverage experience.

Global Automotive Stocks/EV Focus/Event Driven

Faraday Future (FFIE)--Hanging by a Thread With 3 Months of Cash Left

Faraday Future (FFIE): Not Looking So Bright

Over 22 years covering Japanese equities on both the sell side and the buy side. 

Bottom-up Japan Equities Research

Equity Bottom-Up

Faraday Future Intelligent Ele / Equity Bottom-Up

<ul>
<li>Farday Future failed to file its Q1 2022 financials by May 16th, saying it received an extension until May 23rd. This is the 3rd extension for Faraday's quarterly financials. </li>
<li>The company's cash has <em><strong>halved</strong></em> in the 3 months between the end of December 2021 and March 2022 end.</li>
<li>Disclosures are now cautious about its first model launch in July and its ability to fund operations through 2022. Finance needs stated to be $1.5bn or 2x its market cap. </li>
</ul>


Farday Future failed to file its Q1 2022 financials by May 16th, saying it received an extension until May 23rd. This is the 3rd extension for Faraday's quarterly financials. 
The company's cash has halved in the 3 months between the end of December 2021 and March 2022 end.
Disclosures are now cautious about its first model launch in July and its ability to fund operations through 2022. Finance needs stated to be $1.5bn or 2x its market cap. 


Faraday Future (FFIE) Fails to File Q1 Results; Changes Tone on 1st Model Launch Timing