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Faraday Future founder named co-CEO three years after being sidelined by internal probe

1. Jia Yueting returns as co-CEO amid ongoing SEC investigation. 2. Current CEO Matthias Aydt faces previous scrutiny over board dealings. 3. Jerry Wang, Jia's nephew, previously resigned over cooperation issues. 4. Faraday Future struggles with sales of its FF91 model. 5. Company has invested over $3 billion in its electric vehicle efforts.

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FAQ

Why Bearish?

Jia's return amid legal issues may deter investors, similar to past controversies with other EV startups.

How important is it?

Leadership instability and ongoing legal issues heighten risk perception, impacting stock performance.

Why Short Term?

Immediate investor reactions to leadership concerns and legal inquiries often have short-term impacts.

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