■Reporter Jia Li "Faraday Future ("FF") A round of financing has indeed been completed." Recently, an employee of the FF American company disclosed to the "Securities Daily" reporter. Los Angeles time On December 13, Jiayue Ting announced at the FF internal general meeting that after nearly a month of negotiations with the investor, FF successfully completed a $1 billion A round of equity financing. At the same time, FF chairman Jia Yueting expressed that he will serve as FF global CEO and chief product officer, and promote FF management and organizational changes to ensure strategic implementation and product landing, which also ended the history of FF since the establishment of four years without CEO. In the past year, FF has faced a financial crisis, employee departures, delayed delays in the Nevada factory and the departure of CFOs and CTOs. The outside world has continued to question FF. It is reported that during the FF's internal conference, Jia Yueting in his 30-minute speech, in addition to the announcement of A round of financing, the company's CEO, the next two years of work goals, it also carried out reflections on the past year and expressed FF never give up dream. Jia Yueting said: “A lot of people told me that you already have no money, and you can’t even support the family. Give up. But these people obviously do not understand me. Even if it is a failure I can accept it, but it is absolutely impossible to give up, especially Can't give up on our great dream of FF!" According to reports, in addition to Jia Yueting, six other top US and Chinese executives from the FF Top Management Committee made statements at the meeting. In addition, all senior executives of LeSEE in China participated in the conference. A senior US executive stated in his speech that FF’s access to financing directly exposed two rumors that former CFO Stefan Krause made up for personal interests: One is that as long as Jia Yueting is in, FF can never be successful; the other is only Chapter 11 (bankruptcy protection) can save FF. The "Securities Daily" reporter asked the FF for information on the internal conference and the official said that he would not comment. Get over one billion US dollars in financing In the past one and a half years, the music crisis broke out. The development of Jia Yueting's goodwill and FF have all been affected to varying degrees. However, during this period of time, the development of new energy automotive industry is very rapid. Germany, Britain, France and other countries have announced the timetable for the ban on fuel vehicles. China has introduced a points system. International auto giants such as Mercedes-Benz, BMW, Volkswagen, Bentley, and Ford have all increased their investment in this area. However, many people in the industry hope that FF can survive the catastrophe. Car and home founder and CEO Li Xiang said: “We discuss the best product ideas in recent years, FF91 is almost ranked first in everyone’s opinion, FF is also one of the few in the world with a complete basis for the development of smart cars Competent companies have no more than five countries in the world." Some experts pointed out that FF is the only company in the world that possesses multi-dimensional technologies and products that exceed Tesla. FF 91 is called “Tesla Killer†by the American media. FF has achieved the transformation of the All-in-One universal car, the smart trip ecosystem that breaks the boundaries of the three major industries, and the three major automotive robots, as well as the six major platforms for vehicle platforms, power systems, computing platforms, Internet systems, autopilot, and AI artificial intelligence. Technological change. According to the person in charge of the FF financing, “It is precisely LeTV’s past successful experience and the lessons of failure that have impressed investors. Investors have a long-term interest in LeTV and Jia Yueting. They believe that LeTV’s strategy and philosophy have not failed and will even have an impact on FF. Creating an intelligent internet electric vehicle and the globalization of the Internet has played a very important role.†Jia Yueting personally as CEO "Securities Daily" reporter learned that on December 13, FF executives made a major decision. FF clarified Jia Yueting as the CEO and chief product officer to promote the execution of the strategy. At the same time, in order to improve efficiency and achieve performance, FF will focus on improving the management level, making efficient decisions, transparent communication, and sincere cooperation. In the top management structure, FF canceled the company's C Level hierarchy, organized the flat, and launched the committee management system. "I used to think that with leading strategies and transformative products, as long as finding an industry CEO to be able to lead FF to success, but it turned out to be completely wrong." Jia Yueting said, FF is not just electric vehicles The company is even more an Internet company, a consumer electronics company and an artificial intelligence company. The core driving force is the change of products and technology. The second driving force is the change of business model. Therefore, the CEO of FF must be an expert in products and technology. . Jia Yueting emphasized that “I will never allow anyone to compromise on the ultimate product experience, nor will we tolerate FF becoming a mediocre company.†Industry analysts point out that for start-up companies such as FF, it is impossible for professional managers to become CEOs to achieve subversion. Only the founder can deeply understand the vision of the company, always remember the original intention and mission of starting the company, and know how to translate the vision into the company's strategy, products and business models. “Next, we need the positive energy and total investment of each (company).†Jia Yueting said at the end of the meeting: “I hope everyone can deeply understand the sense of urgency for the implementation and realization of the strategic goals. When it's time to talk, we should pay close attention to achieving strategic goals every second, and deliver transformative products to users as soon as possible."
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