Faraday Future Expands AI Robotics Push as Sales and Margins Rise
Faraday Future is trying to reposition itself from a struggling electric-vehicle maker into a broader Embodied AI robotics company, with management now pointing to robotics sales, positive gross margins and U.S. manufacturing as the next phase of its turnaround. In its latest business update, the company said its robotics operation generated more than 30% average…
