Faraday Future Stock Higher Pre-Market as First FX Super One MPV Rolls Out

Faraday Future's stock (NASDAQ: FFAI) if moving higher in the pre-market, following the announcement that the first FX Super One MPV pre-production vehicle has rolled off the line at its Hanford, California factory, dubbed “FF AI-Factory California.” This event marks a significant step in the company's production efforts, yet the stock remains deeply in bear territory.

The FFAI stock price is 2.68% higher pre-market, yet this is set against a backdrop of a substantial year-to-date decline of 69.65%, highlighting the challenges the company faces in regaining investor confidence.

The roll-off of the FX Super One pre-production vehicle signals progress in Faraday Future's Global Automotive Industry Bridge Strategy. This strategy encompasses critical aspects such as supply chain sourcing, testing protocols, logistical operations, customs clearance processes, and overall production capabilities. The FX Super One represents the second model to emerge from the Hanford facility, following the FF 91 2.0.

Prior to this milestone, the company announced on December 3, 2025, that the initial full consignment of components necessary for the FX Super One MPV had successfully cleared customs and were en route to the Hanford factory. These components constitute nearly 3,000 individual parts per vehicle, essential for assembling the initial batch of pre-production units earmarked for testing, marketing initiatives, and planning activities within the U.S. market.

Adding to the positive momentum, Faraday Future's board of directors has conditionally approved a five-year volume production plan. This ambitious plan targets cumulative production and sales of 400,000 to 500,000 units. Realization of this plan is contingent upon securing the necessary financing and establishing strategic partnerships.

The initiation of pre-production for the FX Super One MPV has provided a short-term boost to market sentiment, however, Faraday Future's long-term stock performance hinges on its ability to execute its production plans, secure necessary financing, and navigate the intensely competitive electric vehicle market.

Taking a look at the five year chart above tells a thousand words. Whilst the first vehicle off the line is a positive, for FFAI, this is a turnaround story that has a long way to go.