After local time on 11 May, Faraday Future (Fra Future, hereinafter referred to as “FF”) was opened in Ja’s booths for disclosure of financial statements for the first quarter of 2023. The financial data show that, as at 31 March 2023, the FF quarterly operating expenditure was $83 million, of which R&D costs accounted for 56 per cent of total operating expenses; a quarterly net income of $6.5 million was net cash for operating activities of $103.2 million. With regard to asset liabilities, t...