Faraday Future Releases 2023 Fourth Quarter and Full Year Financial Report

Faraday Future recently released its financial report for the fourth quarter and full year of 2023. The report shows that the company's total revenue in 2023 was $784,000 and its net loss was $432 million, a decrease from the net loss of $602 million in 2022. However, the company's operating loss reached $286 million. As of the end of 2023, Faraday Future's total assets were $531 million and its total liabilities were $302 million.