Faraday Future statement: The board of directors did not consider appointing Jia Yueting as co-CEO

Faraday Future issued a statement on May 7, denying rumors that Jia Yueting was appointed as the company's co-CEO. Previously, Faraday Future founder Jia Yueting said that he would serve as co-CEO with Matthias Aydt and would start commercializing his personal IP to raise funds and ensure the company's compliance listing status.