Something to feel good about buying and hodling FFIE
$Faraday Future Intelligent Electric Inc.(FFIE.US$ is a US EV company owned by a Chinese. US recently has 100% tariffs on imported Chinese EVs. And right now Chinese EVs brands are in a constant competition, with the obvious winner being BYD.
Now there is a slight possibility Chinese EV brands want to tap into the US Market by acquiring FFIE as FFIE alrdy has a factory ready for production here. Byd might be interested to maintain as the leader of EVs, or maybe Geely, SAIC or Chery that are cash rich and is looking to compete with BYD. Faraday Future will not be treated as an imported EV car as it is produced locally.
Just my two cents. NOT A FINANCIAL ADVISE. #HODLforBigPP
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