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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
August 13, 2026
Faraday Future Intelligent Electric Inc.
(Exact name of registrant as specified in its charter)
| Delaware |
|
001-39395 |
|
84-4720320 |
| (State or other jurisdiction |
|
(Commission File Number) |
|
(I.R.S. Employer |
| of incorporation) |
|
|
|
Identification No.) |
| 1990 E. Grand Ave. |
|
|
| El Segundo, CA |
|
90245 |
| (Address of principal executive offices) |
|
(Zip Code) |
(424) 276-7616
(Registrant’s telephone number, including
area code)
Not Applicable
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
| Class A common stock, par value $0.0001 per share |
|
FFAI |
|
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial
Condition.
On August 13, 2026, Faraday Future Intelligent
Electric Inc. (the “Company”) issued a press release in which the Company provided certain second quarter 2026 financial results,
as well as its 2026 outlook. The full text of the press release is furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K
and is incorporated herein by reference.
Item 8.01 Other Events.
In connection with a conference call held by the
Company on August 13, 2026, to discuss certain second quarter 2026 financial results as well as its 2026 outlook, the Company referenced
the presentation furnished as Exhibit 99.2 to this Current Report on Form 8-K and incorporated herein by reference.
The information contained in Items 2.02 and 8.01
in this Current Report on Form 8-K and the information in Exhibits 99.1 and 99.2 hereto is being furnished and shall not be deemed “filed”
for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to
the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended,
or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits. The following exhibits are filed with this Current
Report on Form 8-K:
| Exhibit No. |
|
Description |
| 99.1 |
|
Press release dated August 13, 2026. |
| 99.2 |
|
Investor Presentation (Second Quarter 2026 Earnings Release) dated August 13, 2026. |
| 104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| |
FARADAY FUTURE INTELLIGENT ELECTRIC INC. |
| |
|
| Date: August 13, 2026 |
By: |
/s/ Koti Meka |
| |
Name: |
Koti Meka |
| |
Title: |
Chief Financial Officer |
Exhibit 99.1

Faraday Future Announces Q2 Results: Record
$1.35 Million Revenue in H1 2026; Robotics Enters New Phase of Revenue Acceleration with Positive Contribution Margin; Liability Down
$100 Million YoY; Upgrades to “Four-Core Full-Stack AI” Strategy
| ● | Revenue
surged to $836,000 in Q2 2026, a YoY 1,400%+ from $54,000 in Q2 2025, $1.35 million revenue
in H1 2026 driven by expanding commercial deliveries and positive robot margins; cost of
revenue dropped 57% YoY to $11.54 million and net loss narrowed 69% YoY to $38.96 million. |
| ● | FF
officially upgraded its robotics roadmap to the FF EAI “Four-Core Full-Stack AI”
Ecosystem Strategy, integrating the EAI Brain, EAI Devices, Industry Productivity Solutions
and Developer Platform, and EAI Data Factory, reflecting a vital market shift from standalone
robotic hardware toward full-system, productivity-driven enterprise solutions. |
| ● | By
the end of the second quarter, the Company had reduced liability by more than $100 million
year over year and plans to further accelerate debt reduction. FF has begun implementing
a comprehensive debt-resolution plan to address legacy obligations, strengthen its balance
sheet, and enable the robotics business to operate with greater flexibility and unlock its
underlying capital-market value quickly. |
| ● | The
Company generated $76.37 million in net cash inflows from financing activities for the first
six months of 2026, securing the operating runway needed to solidify its first-mover advantage
in robotics, while advancing its Capital Value Restoration Plan to optimize its capital structure,
significantly curb equity dilution, reduce liabilities, and officially regain full Nasdaq
listing compliance. |
| ● | Across
its Four-Core Full-Stack AI Ecosystem, the Company expects to deepen the integration of NVIDIA’s
technology stack with FF’s proprietary EAI Brain, robotics platform, and data infrastructure
this year, advancing GR00T training and validation on embodied AI capabilities. The EAI Data
Factory is expected to reach a monthly capacity of 2,100 qualified real-world data collection
hours by the end of August and 20,000 hours by the end of December, for a full-year total
of 50,000 hours. In Industry Productivity Solutions and the Developer Platform, the Company
plans to scale standardized, replicable industry solutions across California, Texas, and
the Eastern U.S. while opening robot capabilities, skills, and application platforms to a
broader base of developers and partners. Building on the launch of the FF EAI Robotics Open
Source and Open Developer Platform, the Company expects to build a portfolio of 100 skills,
and a developer community of 200 members by the end of 2026. |
| ● | Looking
ahead, potentially benefiting from the new FCC policy environment, the Company is focused
on establishing a sustainable revenue model and optimizing its balance sheet: driving continued
revenue expansion and steady gross margin improvement across the Four-Core Full-Stack AI
Ecosystem, led by commercial device shipments and accelerating monetization of the EAI robotics
ecosystem; targeting cumulative shipments of more than 2,000 EAI robot units by year-end;
and reducing total company liabilities to under $100 million within the next three to four
quarters. |

Los Angeles, CA (August 13, 2026) -- Faraday
Future Intelligent Electric Inc. (Nasdaq: FFAI) (“FF”, “Faraday Future”, or the “Company”), a California-based
global Embodied AI (EAI) ecosystem company, today announced financial results for its second quarter ended June 30, 2026, and provided
updates on key operational and strategic developments.
“The second quarter of 2026 marked a major
milestone as our robotic business is entering a new phase of revenue acceleration, with our strategy fully evolved into the ‘Four-Core
Full-Stack AI’ ecosystem, cementing Faraday Future’s leading position in the U.S. Embodied AI robotics market,” said
YT Jia, Global CEO of Faraday Future. “Driven by our ‘Built in USA’ initiative, localized data security, and full FCC
policy alignment, we expanded our commercial scale while converting our technological first-mover advantage into market volume dominance.
We have regained full Nasdaq listing compliance and achieved meaningful debt resolution, reflecting an integrated approach to clearing
historical burdens, improving net equity, and establishing a lightweight legacy structure that empowers our core business.”
Jia added: “Looking ahead, we will continue
our relentless focus on debt resolution and balance sheet optimization, laying a solid capital foundation for our next phase of growth.
We are becoming the only complete, end-to-end robotics ecosystem enterprise in the United States, and establishing Faraday Future as
the nation’s leader in Physical AI robotics education solutions. By continuing to scale our Four-Core flywheel, expanding our developer
ecosystem, and executing our Capital Value Restoration Plan, we are positioned to drive sustainable profitability, lead the U.S. robotics
transformation, and deliver long-term value for our stockholders.”
SECOND QUARTER 2026 HIGHLIGHTS
EAI Robotics Commercial Traction and Shipment
Execution
The total cumulative sales and shipments of robotics
units were 220 units for the quarter, with single-month sales and shipments reaching 105 units in June alone. The Company maintained
its cumulative shipment target of 2,000 EAI robots by year-end.
The Company advanced strategic cooperation with
Triple I Group to deploy its EAI devices in educational settings, while RobotShop confirmed drop-shipping support following procurement
evaluations.
Upgraded the Three-in-One EAI Ecosystem to
Four-Core Full-Stack AI Ecosystem
The Company officially upgraded its robotics
roadmap from a Three-in-One model to the Four-Core Full-Stack AI Ecosystem Strategy, integrating the EAI Brain, EAI Devices, Industry
Productivity Solutions and Developer Platform, and EAI Data Factory. Under this strategy, device deployment expanded across its six-product
series and three form factors, including the launch of the industrial grade FF Faber mobile manipulator series.
Ecosystem software and data platforms also achieved
key execution milestones. The EAI Data Factory platform completed its commercial closed loop during the quarter, generating initial sample
payments. Customer engagement remains strong. FF launched its Open Developer Platform with open SDK and API interfaces, established California’s
first education innovation lab, and onboarded Sequoia Education Center as a flagship partner.
Regulatory Alignment and Established “Built
in USA” Program
Recent FCC guidance restricting non-compliant
foreign robotics in the domestic market has strengthened Faraday Future’s competitive positioning. Operating as a domestic enterprise
with full FCC certifications across its product lineup, the Company launched its Global Value-Chain Partner Recruitment Initiative to
serve as a compliant gateway for global component suppliers and OEMs expanding into the United States.
FF is uniquely positioned to capitalize on this
historic strategic opportunity through its seven core competitive advantages: the “Full-Form FF EAI Robot World” built around
six major product series and the “One Brain, Multiple Forms” and “Multiple Forms, Multiple Capabilities” strategies;
the “Four-Core Full-Stack AI” ecosystem integrating the EAI Brain, EAI Devices, Industry Productivity Solutions & Developer
Platform, and EAI Data Factory; its “5+1” ecosystem-based direct-sales and user co-creation system spanning key customer touchpoints;
its compliance capabilities as a U.S.-based company; its data-driven evolutionary flywheel powered by large-scale deployment and real-world
data; its asset-light, operationally lean financial model focused on positive product gross margins and payment-before-delivery discipline;
and its differentiated capital value, supported by the potential standalone value-unlocking path for its robotics business.
The Company accelerated its three-phase “Built
in USA Acceleration Program”, potentially moving from localized AI platform integration into Assembled in USA and Made in USA manufacturing.
Under its Global Bridge Strategy, all R&D, operations, continuous model iterations, and data storage for the EAI Brain, Data Factory,
and Developer Platform aim to remain localized within the United States to ensure complete regulatory compliance while integrating global
supply chains for final device delivery.
Capital Structure Optimization and Legacy
Debt Resolution
Faraday Future executed a series of decisive
capital markets and balance sheet initiatives driven by the Company’s conviction that the true commercial value of its EAI robotics
business is significantly higher than what is currently reflected in the Company’s market capitalization. To unlock this value,
the Company’s debt solution program is advancing along two parallel tracks consisting of combining operating debt reduction with
capital-structure optimization. As of the end of the second quarter, excluding the liability for the new fundings below, the actual debt
reduction exceeded $100 million. This included an approximately $61 million reduction in total liabilities, which decreased to approximately
$278 million at second quarter from approximately $340 million at the end of the second quarter of 2025. Regarding the financings disclosed,
$42.5 million was deposited into accounts subject to deposit account control agreements and was classified as restricted cash as of June
30, 2026.
FF is systematically clearing historical operating
burdens while establishing long-term debt management and internal control mechanisms.
In parallel, the Company took aggressive steps
to optimize its broader capital structure, secure operating liquidity, and protect stockholder equity. FF secured $70 million in cumulative
new institutional commitments, permanently canceled approximately 49.9 million Class A warrants since December 2025, and amended its
$82 million convertible note agreement to eliminate VWAP-based pricing conditions and most warrant issuances.
Following a 1-for-150 reverse stock split effective
July 24, 2026, the Company received formal confirmation from Nasdaq that it has regained full minimum bid price compliance. Removing
legacy obligations across both operating and capital levels provides a cleaner, highly flexible balance sheet that enables the robotics
business to accelerate commercial deployment while actively evaluating independent capital strategies, including standalone financing
and a potential independent public listing roadmap.
Enterprise AI Systems and Corporate Governance
The Company continued advancing its AI governance
framework, refining management structures across AI application governance, risk classification, token cost visualization, and lifecycle
data management. Operational processes were deepened through AI integration to advance workflow automation, productivity evaluation,
task tracking, and cross-departmental knowledge sharing.
On compliance and internal controls, FF elevated
its risk management, cybersecurity governance, and information disclosure systems. These optimizations strengthen privacy controls, improve
cross-functional auditability, and ensure regulatory adaptability as the Company scales operations.
RESULTS FOR SECOND QUARTER 2026
| ● | Revenue:
For the second quarter of 2026, total revenue reached $836,000, representing an increase
of over 1,400% compared to $54,000 in the second quarter of 2025 and bringing cumulative
first-half revenue to $1.35 million. |
| ●· | Cost
of Revenue: Decreased 57% year-over-year from $26.91 million in Q2 2025 to $11.54 million
in Q2 2026. |
| ●· | Net
Loss: $38.96 million for the second quarter of 2026, representing a 69% decrease from
$124.7 million in Q2 2025, marking an $85.71 million year-over-year bottom-line improvement
driven by revenue contribution, healthier product contribution margin, structural cost optimization
and disciplined operating expense management. |
| ●· | Total
Stockholders’ Equity: $1.41 million as of June 30, 2026, maintaining a positive
equity position. |
2026 OUTLOOK
Looking ahead, the second half of 2026 represents
a critical period of operational scaling, regulatory alignment, and capital discipline as Faraday Future advances its Five Key Transformations
across finance, strategy, business operations, capital structure, and AI systems. With its robotics roadmap formally expanded to the
Four-Core Full-Stack AI Ecosystem Strategy, the Company is concentrating its resources on commercial revenue expansion, domestic assembly
execution, systematic debt resolution, and establishing a clear trajectory toward sustainable profitability.
Financial Outlook
Embodied AI (EAI) Robotics serves as Faraday
Future’s primary near-term commercial engine. Driven by rising demand across four key commercial sectors, Education, Industrial
Applications, Security Inspection, and Existing Core Commercial Markets, the Company is targeting cumulative shipments of more than 2,000
EAI robot units by year-end.
Moving into the second half of 2026, our financial
strategy is focused on establishing a sustainable revenue model and achieving balance optimization through three primary pillars:
Revenue and Ecosystem Growth – Accelerate
the growth of all businesses across our Four-Core Full-Stack AI Ecosystem strategy, driving continued revenue expansion and steady improvement
in overall gross margin, driven primarily by commercial device shipments and accelerating monetization of our EAI robotics ecosystem.
Liability Reduction – We reemphasize our
clear debt resolution target to reduce total company liabilities to under $100M within the next three to four quarters, providing continued
support for the growth of our robotics business.
Operating Cash Flow Optimization – We are
building a differentiated growth model based on our strategic upgrades to continuously optimize operating cash flow. This approach supports
near-term cash flow generation with limited additional capital investment, while backing our long-term ecosystem expansion.
Four-Core Full-Stack AI Ecosystem: Integrating
Devices, Brain, Data, and Productivity Solutions
Building on its initial commercial traction,
the Company is executing its expanded “Four-Core Full-Stack AI” framework, unifying EAI Devices, the EAI Brain, Industry Productivity
Solutions and Developer Platform, and the EAI Data Factory. This integrated architecture allows Faraday Future to monetize the entire
hardware, software, data, and service lifecycle.
On the EAI Devices front, we are accelerating
deployment across key verticals including education, industrial, and security/inspection, continuously expanding the robotics product
portfolio and scaling commercial deliveries.
The EAI automotive business remains one of FF’s
core businesses and an important component of the Company’s overall EAI strategy. The Company will proceed with a highly disciplined
and prudent approach, strictly aligning the pace of execution and capital deployment with the availability of dedicated funding, and
will not accelerate the business unless and until sufficient funding has been secured. Meanwhile, FF will align its execution with the
development plans and progress of its strategic partners.
On the EAI Brain front, the Company expects to
further deepen the integration of NVIDIA’s technology stack with FF’s proprietary EAI Brain, robotics platform, and data
infrastructure over the course of this year. We will continue advancing GR00T training and validation on embodied AI capabilities including
complex grasping and multi-step manipulation, while driving SONIC technology from simulation-based training toward full body robot control
on real hardware and cross platform migration across different robot form factors.
On the EAI Data Factory front, the Company will
further close the complete loop encompassing real-world robot data collection, training, evaluation, deployment, and continuous learning.
This will accelerate the formation of a self-reinforcing flywheel — “Device → Data → Brain → Solution →
Device” — and build an embodied AI technology framework that is quantifiable, continuously iterable, and scalable across
diverse robot morphologies, providing core technical support for the ongoing evolution of our autonomous EAI Brain, industry solutions,
and the broader Four-Core Full-Stack AI Ecosystem. The EAI Data Factory is expected to reach a monthly production capacity of 2,100 qualified
real-world data collection hours by the end of August, 20,000 hours by the end of December, and a total of 50,000 hours of data collection
for the full year.
On the Industry Productivity Solutions and Developer
Platform front, we are building standardized, replicable, and scalable industry solutions to enhance customer value and return on investment
(ROI), with planned geographic expansion across California, Texas, and the Eastern U.S. within the year. Concurrently, we are continuously
strengthening the developer ecosystem by opening up robot capabilities, skills, and industry application platforms to attract more developers
and partners to co-build the robotics application ecosystem.
For
the Developer Platform, we completed a full business closed loop, deploying our EAI Soul framework, Brain Block modular architecture,
open SDK, and API interfaces in the second quarter. We officially launched the FF EAI Robotics Open Source and Open Developer Platform,
featuring both General and Youth Developer Editions alongside four core developer tools. For the remainder of 2026, we are continuing
to streamline our product portfolio to prioritize robotics products with clear commercialization potential and positive unit economics.
Supported by expanding demand across our key use cases, specifically education, by the end of 2026, we aim to ship more than 2,000 EAI
robot units, expand our portfolio to 100 skills, and grow our developer community to 200 members. Together with real-world data collection
across multiple use cases, these efforts will lay a solid foundation for larger-scale shipments and broader data collection in the years
ahead.
Manufacturing & Product Compliance: Accelerating
“Built in USA” Phase 2
In manufacturing and mobility, the Company is
advancing its domestic production strategy into Phase 2, aiming to transition from localized AI platform integration to “Assembled
in USA” manufacturing. This domestic footprint reinforces supply chain resilience, shortens delivery timelines, and directly leverages
recent regulatory actions—such as new FCC equipment authorization policies and evolving ICTS standards restricting foreign-produced
robotics—positioning Faraday Future as a trusted, fully compliant supplier of Physical AI hardware in the United States.
Across both its vehicle and robotics portfolios,
Faraday Future continues to optimize its product roadmap, prioritizing high-margin offerings characterized by near-term commercial viability,
rapid monetization, and positive unit-level economics.
Capital Strategy: Capital Value Restoration
Plan and Debt Resolution
From a capital perspective,
Faraday Future is aggressively pursuing its Capital Value Restoration Plan to enhance capital efficiency, curb equity dilution, resolve
legacy liabilities, and rebuild stockholder trust. Key Initiatives:
| ● | Exploring
Standalone Financing and Public Listing for the Robotics Business – We are actively
evaluating independent financing and potential public listing opportunities for our robotics
segment. Such a move would secure dedicated growth capital for our EAI ecosystem, reduce
equity dilution at the FFAI level, and directly benefit our stockholders. |
| ● | Accelerating
Historical Debt Resolution – Our total liabilities at the end of the second quarter
of 2026 declined by more than $100 million compared with the same period in 2025, excluding
the $42.5 million in restricted cash received from financing and its corresponding liability.
We are targeting a further reduction to below $100 million over the next three to four quarters,
and we have committed that any new capital raised will be allocated primarily to robotics
business development, rather than to servicing legacy obligations. |
| ● | Strengthening
Financing Discipline – We have locked in a conversion floor price of $5.00 per share
for the substantial majority of our outstanding convertible notes and have imposed daily
conversion caps to strictly mitigate dilution risk. |
| ● | Focusing
on Operating Revenue Growth and Cost Controls – We are intensifying efforts to drive
revenue growth and contain costs, thereby reducing our reliance on external financing while
steadily advancing our long-term
debt reduction targets. |
Our
EAI ecosystem continues to gain traction, and our underlying fundamentals are improving. Nevertheless, management believes that our current
market capitalization does not yet reflect the true potential of our robotics business. Collectively, the above initiatives are expected
to optimize our capital structure, unlock business value, and generate sustainable long-term
value for our stockholders.
Long-Term Positioning
Faraday Future is solidifying its market position
as a leading U.S.-based Physical AI enterprise and the premier full-stack AI-robotics provider in North America. Concurrently, the Company
is accelerating its organizational transition into an AI-native business, embedding artificial intelligence across management, financial,
and compliance systems to maximize operating leverage. Anchored by its Four-Core Full-Stack AI ecosystem, Phase 2 “Built in USA”
domestic assembly, and disciplined Capital Value Restoration Plan, Faraday Future is focused on driving organic revenue growth, clearing
historical liabilities, and realigning its public market valuation with the intrinsic worth of its Physical AI technology platform.
EARNINGS WEBCAST
Faraday Future management will host a webcast
today, August 13, 2026, at 7:00 p.m. Eastern time (4:00 p.m. Pacific time). Interested investors and other parties can listen to the
conference call by either logging into: https://viavid.webcasts.com/starthere.jsp?ei=1772066&tp_key=069a8ec43b or onto the Investor
Relations section of the Company’s website at https://investors.ff.com/. A replay of the webcast will be available on the Company’s website
shortly thereafter. More detail on FF’s 2026 Q2 earnings, when filed, can be found in our SEC filings and online at https://investors.ff.com/financial-information/sec-filings.
ABOUT FARADAY FUTURE
Founded in 2014, Faraday Future (FF) is a U.S.-based
Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies.
FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused
robots. By building a “Four-Core Full-Stack AI” ecosystem of EAI Brain, Device, Industry Productivity Solutions and Developer
Platform, and Data Factory, FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous
evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks
to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future’s
official website: https://www.ff.com/
FORWARD LOOKING STATEMENTS
This press release includes “forward looking
statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995.
When used in this press release, the words “plan to,” “can,” “will,” “should,” “future,”
“potential,” and variations of these words or similar expressions (or the negative versions of such words or expressions)
are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding FF’ vehicle
business and FF’s entry into the embodied AI robotics market, involve a number of known and unknown risks, uncertainties, assumptions
and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ
materially from those discussed in the forward-looking statements.
Important factors, that may affect actual results
or outcomes include, among others: the Company’s ability to continue as a going concern and improve its liquidity and financial
position; the Company’s ability to pay its outstanding obligations, which it currently lacks; the availability of sufficient share
capital to meet its current obligations and execute on its strategy; the willingness of convertible debt investors to fund the Company;
demand for the Company’s robotics products; the ability of B2B preorder companies to locate customers to purchase our robotics
products, on which their nonbinding preorders substantially depend; competition in the robotics industry, which includes companies with
far superior experience, funding and name recognition; the ability of the Company to build an EAI education ecosystem that serves both
the B2C consumer market and the B2B institutional education market; the acceptance by teachers and students of the Company’s robotics
products in the education market; the ability of the Company to expand into additional markets for its robotics products; the Company’s
reliance on a single OEM for most of its robotics products; the Company’s reliance on Chinese OEMs for all of its robotics products;
the possibility of the federal government banning imports of Chinese robotics products; the Company’s ability to get the planned
robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics
to the Company; tariff uncertainty for imported products, particularly from China; demand from automobile dealers for robotics products;
the Company’s ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the
FX strategy, which is substantial; the Company’s ability to secure an occupancy certificate covering all of its Hanford facility;
the Company’s ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the
restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant
barriers to growth it faces; the Company’s history of substantial losses and expectation of continued losses; the success of the
Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles
and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring
those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover
future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current
and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of
and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of
which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s
ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for
the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions
may not be sufficient or may not achieve their expected results; circumstances outside of the Company’s control, such as natural disasters,
climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company’s operations in China;
the success of the Company’s remedial measures taken in response to the Special Committee findings; the Company’s dependence on
its suppliers and contract manufacturer; the Company’s ability to develop and protect its technologies; the Company’s ability to protect
against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal
proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider
the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s
Form 10-Q for the quarter ended June 30, 2026; the quarter ended March 31, 2026, filed with the SEC on May 14, 2026, and Form 10-K filed
with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC.
Appendix Financial Statements
Condensed Consolidated Balance Sheets
(in thousands, except share and per share
data)
| | |
June 30, 2026 | | |
December 31, 2025 | |
| Assets | |
| | |
| |
| Current assets | |
| | |
| |
| Cash and cash equivalents | |
$ | 11,196 | | |
$ | 34,927 | |
| Restricted cash, current | |
| 12,537 | | |
| 27 | |
| Digital assets | |
| 5,213 | | |
| 10,250 | |
| Accounts receivable | |
| 400 | | |
| 257 | |
| Notes receivable, net of allowance for credit losses
of zero and $4,555 and as of June 30, 2026, and December 31, 2025, respectively | |
| — | | |
| 343 | |
| Inventory, net (see Note 4) | |
| 3,185 | | |
| 3,258 | |
| Deposits (see Note 5) | |
| 13,368 | | |
| 10,499 | |
| Other current assets (see Note 5) | |
| 6,241 | | |
| 8,963 | |
| Total current assets | |
| 52,140 | | |
| 68,524 | |
| Restricted cash, non-current | |
| 30,152 | | |
| — | |
| Property, plant and equipment, net | |
| 140,026 | | |
| 155,303 | |
| Operating lease right-of-use assets, net | |
| 14,784 | | |
| 4,950 | |
| Intangible assets, net | |
| 554 | | |
| 4,639 | |
| Goodwill | |
| 23,692 | | |
| 25,764 | |
| Other non-current assets (see Notes 4 and 5) | |
| 18,454 | | |
| 18,682 | |
| Total assets | |
$ | 279,802 | | |
$ | 277,862 | |
| Liabilities and stockholders’
equity | |
| | | |
| | |
| Current liabilities | |
| | | |
| | |
| Accounts payable | |
$ | 49,444 | | |
$ | 57,277 | |
| Accrued expenses and other current liabilities (see
Note 7) | |
| 41,422 | | |
| 45,499 | |
| Related party accrued expenses and other current liabilities
(see Note 7) | |
| 12,669 | | |
| 13,179 | |
| Warrant liabilities | |
| 768 | | |
| 1,950 | |
| Related party accrued interest | |
| 18 | | |
| 19,933 | |
| Other financing liabilities, current portion | |
| 1,063 | | |
| 951 | |
| Operating lease liabilities, current portion | |
| 864 | | |
| 1,443 | |
| Notes payable, current portion | |
| 27,977 | | |
| 4,432 | |
| Related party notes payable | |
| 1,696 | | |
| 3,507 | |
| Total current liabilities | |
| 135,921 | | |
| 148,171 | |
| | |
| | | |
| | |
| Other financing liabilities, long term portion | |
| 48,587 | | |
| 46,867 | |
| Operating lease liabilities, long term portion | |
| 12,383 | | |
| 3,471 | |
| Notes payable, long term portion | |
| 71,951 | | |
| 56,234 | |
| Related party notes payable, long term portion | |
| 2,505 | | |
| 772 | |
| Derivative call options | |
| 4,814 | | |
| 10,042 | |
| Related party derivative call options | |
| 980 | | |
| 2,504 | |
| Other liabilities | |
| 1,249 | | |
| 2,042 | |
| Total liabilities | |
| 278,390 | | |
| 270,103 | |
| | |
| | | |
| | |
| Commitments and Contingencies (Note
12) | |
| | | |
| | |
| | |
| | | |
| | |
| Stockholders’ equity (deficit) | |
| | | |
| | |
| Class A Common Stock, 0.0001 par value;448,384,199 and
228,041,297 shares authorized as of June 30, 2026 and December 31, 2025, respectively; 2,401,275 and 1,327,538 shares issued and
2,388,454 and 1,327,538 shares outstanding as of June 30, 2026 and December 31, 2025, respectively (1) | |
| — | | |
| — | |
| Class B Common Stock, 0.0001 par value; 4,429,688 shares
authorized; 45 shares issued and outstanding as of June 30, 2026 and December 31, 2025 (1) | |
| — | | |
| — | |
| Preferred Stock, 0.0001 par value; 22,915,032 and 5,931,000
shares authorized as of June 30, 2026 and December 31, 2025 respectively; zero and one shares issued and outstanding as of June 30,
2026 and December 31, 2025, respectively | |
| — | | |
| — | |
| Series B Preferred Stock, $0.0001 par value; 12,000,000
and 12,000,000 shares authorized as of June 30, 2026 and December 31, 2025 respectively; 4,948,854 and 7,184,760 shares issued and
outstanding as of June 30, 2026 and December 31, 2025, respectively | |
| — | | |
| — | |
| Additional paid-in capital | |
| 4,751,694 | | |
| 4,673,887 | |
| Accumulated other comprehensive income | |
| 943 | | |
| 3,817 | |
| Accumulated deficit | |
| (4,779,927 | ) | |
| (4,705,042 | ) |
| Total stockholders’ deficit
attributable to the Company | |
| (27,290 | ) | |
| (27,338 | ) |
| Noncontrolling interest | |
| 28,702 | | |
| 35,097 | |
| Total stockholders’ equity | |
| 1,412 | | |
| 7,759 | |
| Total liabilities and stockholders’
equity | |
$ | 279,802 | | |
$ | 277,862 | |
(1) Retrospectively adjusted for the effect
of the Reverse Stock Split effected on July 24, 2026.
The accompanying notes are an integral part
of these Unaudited Condensed Consolidated Financial Statements.
Condensed Consolidated Statements of Operations
and Comprehensive Loss
(in thousands, except share and per share
data)
| | |
Three Months Ended
June 30, | | |
Six Months Ended
June 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Revenue | |
$ | 836 | | |
$ | 54 | | |
$ | 1,348 | | |
$ | 370 | |
| Cost of revenue | |
| 11,538 | | |
| 26,912 | | |
| 23,428 | | |
| 48,293 | |
| Gross profit | |
| (10,702 | ) | |
| (26,858 | ) | |
| (22,080 | ) | |
| (47,923 | ) |
| Operating expenses | |
| | | |
| | | |
| | | |
| | |
| Research and development | |
| 4,143 | | |
| 5,004 | | |
| 11,133 | | |
| 11,423 | |
| Sales and marketing | |
| 2,060 | | |
| 1,873 | | |
| 7,676 | | |
| 4,502 | |
| General and administrative | |
| 14,305 | | |
| 14,097 | | |
| 23,500 | | |
| 27,771 | |
| Loss (Gain) on disposal of property, plant, and equipment | |
| (12 | ) | |
| 276 | | |
| 316 | | |
| 320 | |
| Impairment of long-lived assets and deposits | |
| — | | |
| — | | |
| 183 | | |
| — | |
| Impairment of intangible assets, including goodwill | |
| 3,629 | | |
| — | | |
| 5,701 | | |
| — | |
| Credit loss expense - short-term note receivable | |
| — | | |
| — | | |
| 143 | | |
| — | |
| Total operating expenses | |
| 24,125 | | |
| 21,250 | | |
| 48,652 | | |
| 44,016 | |
| Loss from operations | |
| (34,827 | ) | |
| (48,108 | ) | |
| (70,732 | ) | |
| (91,939 | ) |
| Change in fair value of notes payable, warrant | |
| 1,261 | | |
| (46,078 | ) | |
| 4,032 | | |
| 5,380 | |
| Change in fair value of related party notes payable,
warrant liabilities, and derivative call options | |
| 85 | | |
| (5,150 | ) | |
| 1,524 | | |
| (5,427 | ) |
| Loss on settlement of notes payable | |
| (7,845 | ) | |
| (22,458 | ) | |
| (16,276 | ) | |
| (38,378 | ) |
| Loss on settlement of related party notes | |
| — | | |
| (1,860 | ) | |
| — | | |
| (3,040 | ) |
| Loss on settlement of notes receivable | |
| (376 | ) | |
| — | | |
| (376 | ) | |
| — | |
| Interest expense | |
| (2,348 | ) | |
| (812 | ) | |
| (4,826 | ) | |
| (3,114 | ) |
| Net loss on digital assets | |
| (984 | ) | |
| — | | |
| (2,930 | ) | |
| — | |
| Other income (expense), net | |
| 5,165 | | |
| (210 | ) | |
| 7,417 | | |
| 1,574 | |
| Loss before income taxes | |
| (39,869 | ) | |
| (124,676 | ) | |
| (82,167 | ) | |
| (134,944 | ) |
| Income tax benefit (expense) | |
| 906 | | |
| — | | |
| 887 | | |
| (10 | ) |
| Net loss | |
| (38,963 | ) | |
| (124,676 | ) | |
| (81,280 | ) | |
| (134,954 | ) |
| Less: Net loss attributable to noncontrolling interest | |
| 2,934 | | |
| — | | |
| 6,395 | | |
| — | |
| Net loss attributable to Faraday Future Intelligent
Electric Inc. | |
$ | (36,029 | ) | |
$ | (124,676 | ) | |
$ | (74,885 | ) | |
$ | (134,954 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Per share information (See Note
16): | |
| | | |
| | | |
| | | |
| | |
| Net loss per share of Class A and
B Common Stock attributable to common stockholders: | |
| | | |
| | | |
| | | |
| | |
| Basic | |
$ | (17.38 | ) | |
$ | (180.32 | ) | |
$ | (42.74 | ) | |
$ | (225.41 | ) |
| Diluted | |
$ | (17.38 | ) | |
$ | (180.32 | ) | |
$ | (42.74 | ) | |
$ | (225.41 | ) |
| Weighted average common shares used
in computing net loss per share of Class A and Class B Common Stock (1): | |
| | | |
| | | |
| | | |
| | |
| Basic | |
| 2,080,711 | | |
| 691,415 | | |
| 1,757,176 | | |
| 598,696 | |
| Diluted | |
| 2,080,711 | | |
| 691,415 | | |
| 1,757,176 | | |
| 598,696 | |
| | |
| | | |
| | | |
| | | |
| | |
| Total comprehensive loss | |
| | | |
| | | |
| | | |
| | |
| Net loss | |
$ | (38,963 | ) | |
$ | (124,676 | ) | |
$ | (81,280 | ) | |
$ | (134,954 | ) |
| Foreign currency translation adjustment | |
| (1,630 | ) | |
| (895 | ) | |
| (2,874 | ) | |
| (589 | ) |
| Total comprehensive loss | |
$ | (40,593 | ) | |
$ | (125,571 | ) | |
$ | (84,154 | ) | |
$ | (135,543 | ) |
(1) Retrospectively adjusted for the effect
of the Reverse Stock Split effected on July 24, 2026.
The accompanying notes are an integral part
of these Unaudited Condensed Consolidated Financial Statements.
Condensed Consolidated Statements of Cash
Flows
(in thousands)
| | |
Six Months Ended
June 30, | |
| | |
2026 | | |
2025 | |
| Cash flows from operating activities | |
| | | |
| | |
| Net loss | |
$ | (81,280 | ) | |
$ | (134,954 | ) |
| Adjustments to reconcile net loss
to net cash used in operating activities: | |
| | | |
| | |
| Depreciation and amortization expense | |
| 16,106 | | |
| 37,308 | |
| Amortization of operating lease right-of-use assets | |
| 1,638 | | |
| 1,296 | |
| Non-cash interest expense | |
| 2,903 | | |
| 1,815 | |
| Loss on digital assets, net | |
| 2,930 | | |
| — | |
| Loss on disposal of property and equipment, net | |
| 316 | | |
| 320 | |
| Impairment of assets | |
| 183 | | |
| — | |
| Impairment of intangible assets, including goodwill | |
| 5,701 | | |
| — | |
| Stock-based compensation | |
| (300 | ) | |
| 1,198 | |
| Reserve on inventory | |
| — | | |
| 3,753 | |
| Credit loss expense | |
| 143 | | |
| — | |
| Accrued interest on short-term note receivable | |
| (276 | ) | |
| — | |
| Payments for operating expenses made with digital assets | |
| 338 | | |
| — | |
| Loss on settlement of notes payable | |
| 16,276 | | |
| 38,378 | |
| Loss on settlement of related party notes payable | |
| — | | |
| 3,040 | |
| Loss on settlement of short-term notes receivable | |
| 376 | | |
| — | |
| Non-cash adjustments to current and non-current assets
and liabilities | |
| (5,804 | ) | |
| (295 | ) |
| Change in fair value of notes payable, warrant liabilities,
and derivative liabilities | |
| (4,032 | ) | |
| (5,380 | ) |
| Change in fair value of related party notes payable,
warrant liabilities, and derivative | |
| (1,524 | ) | |
| 5,427 | |
| Other | |
| (269 | ) | |
| 168 | |
| Changes in operating assets and
liabilities | |
| | | |
| | |
| Accounts receivables | |
| (143 | ) | |
| (645 | ) |
| Inventory | |
| 717 | | |
| 630 | |
| Deposits | |
| (2,289 | ) | |
| (2,331 | ) |
| Accounts payable | |
| (6,415 | ) | |
| (4,059 | ) |
| Accrued expenses and other current and non-current liabilities | |
| 164 | | |
| 11,241 | |
| Related party accrued expenses and other current and
non-current liabilities | |
| (855 | ) | |
| (11 | ) |
| Accrued interest expense | |
| — | | |
| (96 | ) |
| Operating lease liabilities | |
| (3,786 | ) | |
| (1,977 | ) |
| Other current and non-current assets | |
| 2,655 | | |
| 1,566 | |
| Net cash used in operating activities | |
| (56,527 | ) | |
| (43,608 | ) |
| Cash flows from investing activities | |
| | | |
| | |
| Purchase of digital assets | |
| (338 | ) | |
| — | |
| Sale of digital assets | |
| 2,107 | | |
| — | |
| Payments for property and equipment | |
| (1,667 | ) | |
| (5,007 | ) |
| Proceeds from collections of short-term notes receivable | |
| 100 | | |
| — | |
| Net cash provided (used in) investing activities | |
| 202 | | |
| (5,007 | ) |
| Cash flows from financing activities | |
| | | |
| | |
| Proceeds from notes payable, net of original issuance
discount | |
| 80,300 | | |
| 48,570 | |
| Proceeds from related party notes payable, net of original
issuance discount | |
| — | | |
| 4,601 | |
| Proceeds from other financial obligations | |
| — | | |
| 4,384 | |
| Payments of related party notes payable | |
| (204 | ) | |
| (615 | ) |
| Payments of notes payable and other financing obligations | |
| (582 | ) | |
| (367 | ) |
| Payments of notes payable issuance costs | |
| (3,140 | ) | |
| (1,521 | ) |
| Net cash provided by financing activities | |
| 76,374 | | |
| 55,052 | |
| Effect of exchange rate changes on cash and restricted
cash | |
| (1,118 | ) | |
| (350 | ) |
| Net increase in cash and restricted cash | |
| 18,931 | | |
| 6,087 | |
| Cash and restricted cash, beginning of period | |
| 34,954 | | |
| 7,174 | |
| Cash and restricted cash, end of period | |
$ | 53,885 | | |
$ | 13,261 | |
The accompanying notes are an integral part
of these Unaudited Condensed Consolidated Financial Statements.
CONTACTS
Investors
(English): ir@ff.com
Investors
(Chinese): cn-ir@faradayfuture.com
Media:
john.schilling@ff.com
Exhibit 99.2

Faraday Future Intelligent Electric Inc. Nasdaq: FFAI Faraday Future Intelligent Electric Inc. Aug 2026 © 2026 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL Fiscal Second Quarter 2026 Earnings Presentation August 13, 2026

Forward Looking Statements This presentation includes "forward looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this video, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding Faraday Future Intelligent Electric Inc.'s (the "Company's") "Bridge Strategy," the Company's growth strategy, fundraising activities and prospects, the development of markets in which the Company operates or seeks to operate, the production and delivery of the FF 91, the Faraday X(FX) brand, and future compliance with Nasdaq listing requirements, are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. These forward-looking statements speak only as of the date of this call, and the Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Important factors, that may affect actual results or outcomes include, among others: the Company's ability to continue as a going concern and improve its liquidity and financial position; the Company's ability to pay its outstanding obligations, which it currently lacks; the availability of sufficient share capital to meet its current obligations and execute on its strategy; the willingness of convertible debt investors to fund the Company; demand for the Company's robotics products; the ability of B2B preorder companies to locate customers to purchase our robotics products, on which their nonbinding preorders substantially depend; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the ability of the Company to build an EAI education ecosystem that serves both the B2C consumer market and the B2B institutional education market; the acceptance by teachers and students of the Company's robotics products in the education market; the ability of the Company to expand into additional markets for its robotics products; the Company's reliance on a single OEM for most of its robotics products; the Company's reliance on Chinese OEMs for all of its robotics products; the possibility of the federal government banning imports of Chinese robotics products; the Company's ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; demand from automobile dealers for robotics products; the Company's ability to homologate FX vehicles for sale; the Company's ability to secure the necessary funding to execute on the FX strategy, which is substantial; the Company's ability to secure an occupancy certificate covering all of its Hanford facility; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company's limited operating history and the significant barriers to growth it faces; the Company's history of substantial losses and expectation of continued losses; the success of the Company's payroll expense reduction plan; the Company's ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company's estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company's vehicles; the Company's ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company's vehicles; current and potential litigation involving the Company; the Company's ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company's indebtedness; the Company's ability to use its "at-the-market" program; insurance coverage; general economic and market conditions impacting demand for the Company's products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company's dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company's stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of the Company's Form 10-Q for the quarter ended June 30, 2026; the quarter ended March 31, 2026, filed with the SEC on May 14, 2026, and Form 10-K filed with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC. No Offer or Solicitation This presentation shall neither constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. © 2026 Faraday Future PROPRIETARY AND CONFIDENTIAL

P A R T I Strategy Evolving Faraday Future into a U.S.-based Physical AI ecosystem company 3

S T R A T E G I C E V O L U T I O N A U.S.-based Physical AI Ecosystem Company FF is a U.S.-based Physical AI ecosystem company, committed to an AI-first philosophy. Two Product Engines in EAI Robotics 01 EAI Humanoid & Bionic Robots Phase I priority business — driving near-term revenue with positive product gross margin. 02 EAI Automotive Robots Complementary engine — full launch only once strategic / long-term funding is secured. Four-Core Full-Stack AI Ecosystem Faraday Future · Second Quarter 2026 Earnings Call 4 EAI Brain Industry Productivity Solution & Developer Platform EAI Devices EAI Data Factory

E X E C U T I O N R O A D M A P Phase I — A Disciplined, Capital-Light Path Strategic Execution Standpoint Humanoid & bionic robotics is our primary focus; Automotive robotics serves as a complementary business. ✓ Low Cost ✓ Low Capital Intensity ✓ Low Risk ✓ Maximize Stockholders' Value Faraday Future · Second Quarter 2026 Earnings Call Four-Core Full-Stack AI Ecosystem EAI Device EAI Data Factory Industry Productivity Solutions & Developer Platform 5 Through open protocol standards and business interfaces, we connect industry partners to jointly build a replicable EAI ecosystem, while leveraging ecosystem company AIxC to drive Web2 and Web3 value fusion, enabling commercial ecosystem synergy and unlocking exponential gains in industrial productivity and efficiency. EAI Brain

P A R T I I Highlights of Q2 & Subsequent Events Product Technology & Business Update · Finance · Capital Markets · AI System 6

E A I D E V I C E U P D A T E Highest Sales Volume Across Humanoid & Non-Humanoid Robots in the U.S. All-New Futurist Full-Size Professional EAI Humanoid Robot supporting NVIDIA Sonic 394 Cumulative shipments through August 4th, 2026 105 Units shipped in June alone + Positive product gross margin Regulatory Certifications Full FCC certifications across all product lines, providing a compliant, low-risk physical AI supply "Built in USA" Acceleration Launched 3-phase program moving from localized integration to "Assembled in USA" and "Made in USA" domestic manufacturing Faraday Future · Second Quarter 2026 Earnings Call 5'8" · 121 lbs 7 Master Athletic EAI humanoid companion 4'4" · 77 lbs Aegis Professional, EAI quadruped robot Approx. 33 lbs FX NAVI Foundational EAI education quadruped FF Faber Series Industrial-grade EAI operators Faber U, T, & S Approx. 15 lbs

E A I B R A I N & E A I D E V I C E S "One Brain, Multiple Forms" Powering Physical AI E A I B R A I N VLA + World Model Foundational Intelligence Generalize AI Brain built on FF's EAI 5x4 technology architecture, delivering unified perception, reasoning, and swarm control across form factors. Live & Operating Milestones: • Built initial EAI Brain framework on NVIDIA GR00T & SONIC • Whole-body motion model hit ~98% tracking success rate • Control App live on iOS App Store; automated patrol demo • Dream Zero world model & teleoperation swarm control live E A I D E V I C E S Full-Form Matrix Across 6 Product Series Translating core Brain capabilities into specialized physical terminals operating with positive gross margins and payment- before-delivery discipline. Recent Milestones: • Fully integrated humanoids, quadruped, and mobile manipulators • Introduced All-New Futurist and FF Faber series • Achieved highest U.S. sales volume across humanoid and non-humanoid robots • Initiated Phase 2 domestic manufacturing program Faraday Future · Second Quarter 2026 Earnings Call 8

Key Execution Milestones: Commercial Closed Loop Across Data & Developer Platforms E A I D A T A F A C T O R Y High-Margin Data Monetization Engine Converting low-cost raw interaction data from deployed robots into structured, high-quality training data to fuel the EAI Brain and generate recurring profit. Key Execution Milestones: • Generated initial sample payments to close commercial loop; actively negotiating expansion toward $400,000+ potential order • Engaged 20+ suppliers; initial SE Asia collection-site deals • Scaled centralized HQ data collection lab across Futurist and Faber platforms • Deployed decentralized collection tools on robot devices I N D U S T R Y P R O D U C T I V I T Y S O L U T I O N S & D E V E L O P E R P L A T F O R M Turnkey B2B Solutions & Skill Monetization Transforming physical AI hardware into tailored enterprise productivity tools across education, industrial, security inspection, and core commercial markets. • Officially launched the Open Developer Platform • Established California's first EAI Robotics Education & Innovation Lab • Onboarded Redwood Education as a flagship partner • Expanded pipeline to 20+ qualified developer organizations Faraday Future · Second Quarter 2026 Earnings Call 9 E A I D A T A F A C T O R Y & I N D U S T R Y P R O D U C T I V I T Y S O L U T I O N S A N D D E V E L O P E R P L A T F O R M

F I N A N C E Q2 2026 Financial Results Revenue surging 14x YoY driven by EAI Robotics, with net loss narrowing 69% and $20M in debt resolution completed ↑ 1,500% YoY Q2 2026 Revenue $836K (vs. $54K in 2Q2025) Cumulative H1 Revenue: $1.35M ↓ 69% YoY Net Loss $39.0M (vs. $124.7M) Narrowed by $85.7M YoY ↓ 57% YoY Cost of Revenue $11.5M (vs. $26.9M) Driven by operating cost discipline Positive Stockholders' Equity $1.41M Supported by Q2 debt resolution F R O M R E P O R T E D L O S S T O C A S H B U R N $34.8M Loss from operations of which ~$11.6M is non-cash items (D&A, intangible impairment) $25.0M Actual Q2 operating cash burn after adjusting for non-cash items & working capital movements E Q U I T Y R E C O V E R Y $230M → Sub-$100M ($20M Resolved) Q1 2026 liabilities · Roadmap Target · Q2 Completion Driven by parallel-track debt reduction, vendor settlements, and 49.9M permanent Class A warrant cancellations. Excluding the liability for these new fundings, the actual liability reduction exceeded $100 million. Faraday Future · Second Quarter 2026 Earnings Call 10

C A P I T A L M A R K E T S Critical Funding & Structural Adjustments A P R I L · M A Y U.S. Institutional Commitments $70M Provides the capital runway required to support our Phase 1 EAI robotics operational targets through the end of 2026. A portion of these funds are restricted and available only if certain parameters are met. Anti-Dilution and Balance Sheet Clean-up $5.36M Terminated 5.36M warrants July 8 (~49.9M canceled since Dec 2025) to curb dilution. L I S T I N G C O M P L I A N C E & F I N A N C I N G F A C I L I T I E S J U N E · J U L Y Financial Flexibility Amended $82M note into 8 milestone tranches (≥$5M each); removed VWAP pricing & most warrants; set a $5.00 conversion floor. J U L Y 2 4 Regained Full Nasdaq Compliance Executed 1-for-150 reverse stock split; formally received confirmation from Nasdaq that the Company has regained full minimum bid price compliance. Faraday Future · Second Quarter 2026 Earnings Call 11 J U N E

A I S Y S T E M AI FIRST — Governance & Closed-Loop Management A I S Y S T E M T R A N S F O R M A T I O N PPTIA → Overarching philosophy: A I F I R S T AI transitions from a simple auxiliary tool into a key infrastructure driving business growth and decision optimization — supported by an upgraded AI talent organization system. C O M P L I A N C E & I N T E R N A L C O N T R O L S Systematically Elevating Internal Controls and Reporting Transparency • Elevated cybersecurity governance and risk management systems to protect localized U.S. data storage and system upgrades • Systematically optimized information disclosure frameworks to enhance the reliability and transparency of financial reporting • Reinforced corporate governance controls post-SEC investigation closure to build long-term trust across capital markets. C L O S E D – L O O P C O R P O R A T E G O V E R N A N C E Strengthened management across operational & financial lifecycles Maintained Strategic Continuity Stockholder-First Accountability Rebuilt Market Trust AI-PPTI Faraday Future · Second Quarter 2026 Earnings Call 12

P A R T I I I 2026 Outlook Finance · Strategy · Product Technology & Business Update · Capital · AI System 13

F I V E K E Y T R A N S F O R M A T I O N S A Comprehensive Initiative for the Next Phase Strengthening our foundation, accelerating commercialization of our physical AI ecosystem, and driving long-term value creation. 02 Strategy EAI Four-Core Full-Stack AI Ecosystem execution 03 Business 05 System 01 Finance 04 Capital Faraday Future · Second Quarter 2026 Earnings Call 14 Commercial Scale & "Built in USA" AI-Native Enterprise DNA Path to Profitability Capital Value Restoration Plan

F I N A N C I A L O U T L O O K Strategic Finance Empowerment T H R E E L E V E L S O F E M P O W E R M E N T 01 Mindset Shift From "business recording" to "business collaboration and value co-creation" — finance teams alongside business on the front line. 02 AI Empowerment AI brain embedded into accounting; automate process-driven tasks; intelligent risk detection — shifting from reactive to active prevention. 03 Process Redesign Under the new "AI + human" management model — redesign financial management & operational analysis processes; dynamically optimized. B Y E N D O F 2 0 2 6 — F I N A N C I A L G O A L S Steady balance sheet improvement & scaled device revenue with positive unit gross margin Timely, consistent disclosure — fully meeting SEC compliance requirements Drive commercial device revenue growth while maintaining positive gross margins and expanding high-margin monetization Faraday Future · Second Quarter 2026 Earnings Call 15

S T R A T E G Y O U T L O O K From Capital-Driven Growth to Revenue Validation Capital-Driven Growth → Revenue Validation & Long-Term Ecosystem "Revenue-first" operating philosophy is our highest near-term priority. N E A R - T E R M Commercial Breakthroughs M E D I U M - T E R M Scaled Growth & "Built in USA" L O N G - T E R M Integrated Physical AI Flywheel Faraday Future · Second Quarter 2026 Earnings Call 16 • Drive volume adoption across key B2B verticals (education, industrial, security) • Monetize all four AI layers • Execute disciplined sales architecture across California, Texas, New York, and the East Coast through KAMs • Transition from localized AI platform integration to Phase 2 "Assembled in USA" • Scale device deployment across all six- product series • Integrate EAI Automotive Robots to strengthen the broader physical AI mobility ecosystem • Scale self-reinforcing flywheel to expand high-margin recurring revenue • Achieve sustainable operational profitability • Execute standalone capital strategies for the robotics division

P R O D U C T , T E C H N O L O G Y & B U S I N E S S O U T L O O K Robotics as Core Growth Engine 2 0 2 6 A N N U A L S H I P P I N G T A R G E T 2,000 Units Raised from prior 1,500-unit target Demand Drivers — Four Product Lines & Key Use Cases Education & Academic Research Security Inspection Industrial & Logistics Core Commercial & Hospitality Go-To-Market Execution • Complete 6–Series Lineup Live: active commercial deployment across all three form factors – humanoids, quadrupeds, and mobile manipulators • Targeted Regional Sales Architecture: specialized key account managers deployed across high-density U.S. markets • Channel & Yield Custody Network: active drop-shipping and channel distribution via RobotShop and PAR Faraday Future · Second Quarter 2026 Earnings Call 17

E A I R O B O T I C S P O R T F O L I O FF EAI Robotics Product Family Faraday Future · Second Quarter 2026 Earnings Call S P E C I E S 0 1 Humanoid All-New Futurist 5'8" · 121 lbs Reception · Home · Touring $89,900 Includes $10K Skill Pkg Master 4'4" · 77 lbs Classroom · Home · Performance $19,990 – $49,990 S P E C I E S 0 2 Quadruped Aegis Approx. 33 lbs Patrol · Sentry · R&D $2,490 – $19,990 + Skill Pkg up to $5K Approx. 15 lbs Playmate · Programming · Creation S P E C I E S 0 3 Mobile Manipulator 18 Nova Compact Form Factor Research · Display · Entry-level Pricing TBD FX Navi $1,990 Faber T 35 DOF · 33 lb/arm payload Power Grid · Inspection · Industrial Custom Industry Pricing Faber U Thor AI Compute · 12-Camera Array Warehousing · Retail · Lab Custom Industry Pricing Faber S 360° Omnidirectional Vector Chasis Logistics · R&D · Data Collection Custom Industry Pricing

C A P I T A L O U T L O O K Capital Value Restoration Program ★ Standalone Robotics Strategy Explore standalone financing and a public listing for robotics to secure dedicated growth capital and reduce dilution at the FFAI level. $ Legacy Debt Resolution Reduce total liabilities to under $100M over 3–4 quarters with creditor support; new funds go to robotics growth, not legacy debt. ↓ Financing Discipline Shift notes toward equity at higher prices with fewer warrants; enforce conversion floors, daily conversion caps, and higher ATM pricing. R E V E N U E G R O W T H & V A L U A T I O N R E S E T Driving Robotics Revenue and Cost Control to Reduce External Financing Reliance Improved fundamentals and robotics upside are not yet reflected in a share price driven by legacy burdens and dilution concerns Grow robotics revenue and tighten cost control to reduce reliance on external financing Advance long-term debt reduction while directing new capital to robotics business development Realign market valuation with the intrinsic, long-term value of the physical AI business Faraday Future · Second Quarter 2026 Earnings Call 20

S Y S T E M S & O R G A N I Z A T I O N AI-PPTI Management Framework Building upon PPTIA, evolving toward AI-PPTI — accelerating the transition to a productized, platformized, AI-native operating model. AI Artificial Intelligence Core operating capability embedded across the organization P Policy Governance: data, AI usage, security, compliance, model oversight P Process Standardized, intelligent, automated workflows across functions T Tools Enterprise AI platforms, intelligent collaboration tools I Information Technology Cloud infrastructure, data systems, AI-native environment Outcome: Greater agility, data-driven decisions, AI-enabled enterprise positioned for long-term growth. Faraday Future · Second Quarter 2026 Earnings Call 20

Q&A I N V E S T O R Q U E S T I O N S Open the Floor Addressing a selection of shareholder questions submitted in advance. A P P E N D I X Unaudited balance sheets and financial statements as of and for the three months ended June 30, 2026. 21

APPENDIX – Q2 2026 CONSOLIDATED BALANCE SHEETS (1/2) (In thousands) Faraday Future · Second Quarter 2026 Earnings Call June 30, 2026 December 31, 2025 Assets Current assets Cash and cash equivalents $ 11,196 $ 34,927 Restricted cash, current 12,537 27 Digital assets 5,213 10,250 Accounts receivable 400 257 Notes receivable, net of allowance for credit losses of zero and $4,555 as of June 30, 2026, and December 31, 2025, respectively — 343 Inventory, net 3,185 3,258 Deposits 13,368 10,499 Other current assets 6,241 8,963 Total current assets 52,140 68,524 Restricted cash, non-current 30,152 — Property, plant and equipment, net 140,026 155,303 Operating lease right-of-use assets, net 14,784 4,950 Intangible assets, net 554 4,639 Goodwill 23,692 25,764 Other non-current assets (see Notes 4 and 5) 18,454 18,682 Total assets $ 279,802 $ 277,862 Liabilities and stockholders' equity Current liabilities Accounts payable $ 49,444 $ 57,277 Accrued expenses and other current liabilities (see Note 7) 41,422 45,499 Related party accrued expenses and other current liabilities (see Note 7) 12,669 13,179 Warrant liabilities 768 1,950 Related party accrued interest 18 19,933 Other financing liabilities, current portion 1,063 951 Operating lease liabilities, current portion 864 1,443 Notes payable, current portion 27,977 4,432 Related party notes payable 1,696 3,507 Total current liabilities 135,921 148,171

APPENDIX – Q2 2026 CONSOLIDATED BALANCE SHEETS (2/2) (In thousands) Faraday Future · Second Quarter 2026 Earnings Call June 30, 2026 December 31, 2025 Other financing liabilities, long term portion 48,587 46,867 Operating lease liabilities, long term portion 12,383 3,471 Notes payable, long term portion 71,951 56,234 Related party notes payable, long term portion 2,505 772 Derivative call options 4,814 10,042 Related party derivative call options 980 2,504 Other liabilities 1,249 2,042 Total liabilities 278,390 270,103 Commitments and Contingencies (Note 12) Stockholders' equity (deficit) Class A Common Stock, 0.0001 par value; 448,384,199 and 228,041,297 shares authorized as of June 30, 2026 and December 31, 2025, respectively; 2,401,275 and 1,327,538 shares issued and 2,388,454 and 1,327,538 shares outstanding, respectively (1) — — Class B Common Stock, 0.0001 par value; 4,429,688 shares authorized; 45 shares issued and outstanding as of June 30, 2026 and December 31, 2025 (1) — — Preferred Stock, 0.0001 par value; 22,915,032 and 5,931,000 shares authorized as of June 30, 2026 and December 31, 2025 respectively; zero and one shares issued and outstanding, respectively — — Series B Preferred Stock, $0.0001 par value; 12,000,000 and 12,000,000 shares authorized as of June 30, 2026 and December 31, 2025 respectively; 4,948,854 and 7,184,760 shares issued and outstanding, respectively — — Additional paid-in capital 4,751,694 4,673,887 Accumulated other comprehensive income 943 3,817 Accumulated deficit (4,779,927) (4,705,042) Total stockholders' deficit attributable to the Company (27,290) (27,338) Noncontrolling interest 28,702 35,097 Total stockholders' equity 1,412 7,759 Total liabilities and stockholders' equity $ 279,802 $ 277,862

APPENDIX – Q2 2026 CONSOLIDATED INCOME STATEMENT (1/2) (In thousands) Faraday Future · Second Quarter 2026 Earnings Call Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Revenue $ 836 $ 54 $ 1,348 $ 370 Cost of revenue 11,538 26,912 23,428 48,293 Gross profit (10,702) (26,858) (22,080) (47,923) Operating expenses Research and development 4,143 5,004 11,133 11,423 Sales and marketing 2,060 1,873 7,676 4,502 General and administrative 14,305 14,097 23,500 27,771 Loss (Gain) on disposal of property, plant, and equipment (12) 276 316 320 Impairment of long-lived assets and deposits — — 183 — Impairment of intangible assets, including goodwill 3,629 — 5,701 — Credit loss expense - short-term note receivable — — 143 — Total operating expenses 24,125 21,250 48,652 44,016 Loss from operations (34,827) (48,108) (70,732) (91,939) Change in fair value of notes payable, warrant liabilities, and derivative call options 1,261 (46,078) 4,032 5,380 Change in fair value of related party notes payable, warrant liabilities, and derivative call options 85 (5,150) 1,524 (5,427) Loss on settlement of notes payable (7,845) (22,458) (16,276) (38,378) Loss on settlement of related party notes payable — (1,860) — (3,040) Loss on settlement of notes receivable (376) — (376) — Interest expense (2,348) (812) (4,826) (3,114) Net loss on digital assets (984) — (2,930) — Other income (expense), net 5,165 (210) 7,417 1,574 Loss before income taxes (39,869) (124,676) (82,167) (134,944) Income tax benefit (expense) 906 — 887 (10) Net loss $ (38,963) $ (124,676) $ (81,280) $ (134,954)

APPENDIX – Q2 2026 CONSOLIDATED INCOME STATEMENT (2/2) (In thousands) Faraday Future · Second Quarter 2026 Earnings Call Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Less: Net loss attributable to noncontrolling interest 2,934 — 6,395 — Net loss attributable to Faraday Future Intelligent Electric Inc. $ (36,029) $ (124,676) $ (74,885) $ (134,954) Per share information (See Note 16): Net loss per share of Class A and B Common Stock attributable to common stockholders: Basic $ (17.38) $ (180.32) $ (42.74) $ (225.41) Diluted $ (17.38) $ (180.32) $ (42.74) $ (225.41) Weighted average common shares used in computing net loss per share of Class A and Class B Common Stock (1): Basic 2,080,711 691,415 1,757,176 598,696 Diluted 2,080,711 691,415 1,757,176 598,696 Total comprehensive loss Net loss $ (38,963) $ (124,676) $ (81,280) $ (134,954) Foreign currency translation adjustment (1,630) (895) (2,874) (589) Total comprehensive loss $ (40,593) $ (125,571) $ (84,154) $ (135,543)

APPENDIX – Q2 2026 CONSOLIDATED STATEMENT OF CASH FLOWS (1/2) (In thousands) Faraday Future · Second Quarter 2026 Earnings Call Six Months Ended June 30, 2026 2025 Cash flows from operating activities Net loss $ (81,280) $ (134,954) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization expense 16,106 37,308 Amortization of operating lease right-of-use assets 1,638 1,296 Non-cash interest expense 2,903 1,815 Loss on digital assets, net 2,930 — Loss on disposal of property and equipment, net 316 320 Impairment of assets 183 — Impairment of intangible assets, including goodwill 5,701 — Stock-based compensation (300) 1,198 Reserve on inventory — 3,753 Credit loss expense 143 — Accrued interest on short-term note receivable (276) — Payments for operating expenses made with digital assets 338 — Loss on settlement of notes payable 16,276 38,378 Loss on settlement of related party notes payable — 3,040 Loss on settlement of short-term notes receivable 376 — Non-cash adjustments to current and non-current assets and liabilities (5,804) (295) Change in fair value of notes payable, warrant liabilities, and derivative liabilities (4,032) (5,380) Change in fair value of related party notes payable, warrant liabilities, and derivative (1,524) 5,427 Other (269) 168 Changes in operating assets and liabilities Accounts receivables (143) (645) Inventory 717 630 Deposits (2,289) (2,331) Accounts payable (6,415) (4,059) Accrued expenses and other current and non-current liabilities 164 11,241 Related party accrued expenses and other current and non-current liabilities (855) (11) Accrued interest expense — (96) Operating lease liabilities (3,786) (1,977) Other current and non-current assets 2,655 1,566 Net cash used in operating activities (56,527) (43,608)

APPENDIX – Q2 2026 CONSOLIDATED STATEMENT OF CASH FLOWS (2/2) (In thousands) Faraday Future · Second Quarter 2026 Earnings Call Six Months Ended June 30, 2026 2025 Cash flows from investing activities Purchase of digital assets (338) — Sale of digital assets 2,107 — Payments for property and equipment (1,667) (5,007) Proceeds from collections of short-term notes receivable 100 — Net cash provided by (used in) investing activities 202 (5,007) Cash flows from financing activities Proceeds from notes payable, net of original issuance discount 80,300 48,570 Proceeds from related party notes payable, net of original issuance discount — 4,601 Proceeds from other financial obligations — 4,384 Payments of related party notes payable (204) (615) Payments of notes payable and other financing obligations (582) (367) Payments of notes payable issuance costs (3,140) (1,521) Net cash provided by financing activities 76,374 55,052 Effect of exchange rate changes on cash and restricted cash (1,118) (350) Net increase in cash and restricted cash 18,931 6,087 Cash and restricted cash, beginning of period 34,954 7,174 Cash and restricted cash, end of period $ 53,885 $ 13,261