Faraday Future Intelligent Electric Inc. (FFAI,FFAIW), on Friday, reported its net loss widened in the third quarter compared with the previous year.
For the third quarter, net loss widened to $222.19 million from $77.69 million in the prior year.
Loss from operations widened $206.81 million from $25.21 million in the prior year.
Revenue increased to $37 thousand from $9 thousand in the previous year.
On Thursday, Faraday Future closed trading, 5.43% higher at $0.0388 on the Nasdaq.
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