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Faraday Future has issued a formal response to a recent short report published by Wolfpack Research. The electric vehicle company has strongly condemned the report, labeling it as a malicious and self-serving attack designed to manipulate its stock price for Wolfpack Research’s financial gain. Faraday Future has announced its firm commitment to protecting stockholder interests and is preparing to take legal action.
Key Highlights
- Faraday Future alleges that the Wolfpack Research report contains numerous false, misleading, and defamatory statements.
- The company claims the report manipulates outdated public information and legal documents to create unfounded accusations against the company and its Co-CEO, YT Jia.
- FF has engaged legal counsel, Paul Hastings LLP, and formally demanded that Wolfpack Research cease and desist its actions.
- The company intends to file a lawsuit against Wolfpack Research and make a formal submission to the U.S. Securities and Exchange Commission (SEC).
- Faraday Future is actively investigating unusual stock volatility for signs of market manipulation, including potential naked short selling.
Allegations of Financial Manipulation
Faraday Future asserts that the report from Wolfpack Research lacks a factual foundation and aims to mislead investors. The company stated that the report relies on selective quotation, distortion, and unfounded speculation to create unwarranted panic and damage the company’s reputation. According to Faraday Future, these actions have directly harmed the legitimate rights and interests of its stockholders.
Wolfpack Research has admitted to holding a short position in FF stock, which Faraday Future highlights as evidence of the report’s lack of credibility. The company believes Wolfpack Research’s primary intention is to profit from a decline in FF’s stock price, spurred by the malicious statements in its report. While short selling is a common market practice, Faraday Future is investigating Wolfpack’s actions for potential unlawful stock manipulation and intends to pursue all available legal remedies. The company also characterized Wolfpack Research as a repeat offender of such tactics, noting its history of launching similar attacks against other companies.
Planned Legal Countermeasures
In response to the report, Faraday Future has taken immediate steps to defend itself and its investors. The company has retained the legal services of Paul Hastings LLP to assist in evaluating its legal options. A formal demand has been issued to Wolfpack Research to cease and desist its tortious conduct.
Faraday Future has made it clear that it will not tolerate malicious short-selling or market manipulation. The company plans to act decisively to safeguard its interests by initiating the necessary internal procedures to file a lawsuit against Wolfpack Research. Furthermore, FF will make a formal submission to the U.S. Securities and Exchange Commission (SEC) regarding the matter.
Protecting Stockholder Interests
This recent action is part of what Faraday Future describes as its ongoing “Anti-Illegal Short-Selling Counterattack,” which began in April 2025. The company has observed unusual volatility in its stock price and is investigating whether malicious actors are engaged in improper manipulation schemes. FF is actively collecting evidence and will cooperate with relevant authorities to trace any potential behind-the-scenes actors.
Co-CEO YT Jia reaffirmed the company’s dedication to its investors. “‘Stockholder First’ has always been one of the company’s core guiding principles,” said Jia. “We will win this fight and continue to protect the long-term interests of all stockholders.”
About Faraday Future
Faraday Future is a global shared intelligent electric mobility ecosystem company based in California. Founded in 2014, its mission is to create a user-centric and technology-first smart driving experience. The company’s flagship model is the FF 91, and its FX strategy aims to bring state-of-the-art technology to mass-market models.
For more information, please visit https://www.ff.com/us/.
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