Faraday Future founder Jia Yueting has expressed his opposition to any reverse stock split and maintains a cautious approach towards equity issuance. According to Foresight News, Jia announced plans to implement four key measures to combat illegal and malicious short selling.
Jia previously stated that his team would expedite the reverse empowerment of AIxCrypto (stock code AIXC) for FFAI to advance ecosystem development. This ecosystem includes EAI mobility, Web3, blockchain infrastructure, and cryptocurrency asset applications.